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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Roads and boundaries, railway sidings, jetty pire, bouys, ...


High Court Rules Roads and Structures as Plant and Machinery for Depreciation u/s 32 of Income Tax Act.

August 4, 2016

Case Laws     Income Tax     HC

Roads and boundaries, railway sidings, jetty pire, bouys, mooring and navigation structure can be considered as plant and machinery for the purpose of granting of depreciation under Sec. 32 - HC

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