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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Depreciation on moulds -Factory of the assessee was plastic ...


Plastic Goods Factory's Moulds Eligible for Higher Depreciation Rate per Tax Guidelines and Case Law.

June 27, 2016

Case Laws     Income Tax     HC

Depreciation on moulds -Factory of the assessee was plastic goods factory. The moulds used for manufacturing such goods, therefore, qualify for higher rate of depreciation - HC

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