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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Depreciation - prior to ending of the relevant financial year, ...

Case Laws     Income Tax

August 31, 2016

Depreciation - prior to ending of the relevant financial year, though the assessee had an opportunity to take possession of the property for the purpose of fit-outs, he cannot say that he has put the property to use for the purposes of claim of depreciation u/s 32 of the Act either in respect of building or machinery therein - AT

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