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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Depreciation on plastic mould - two wheeler manufacturer - it is ...


Higher Depreciation Rate Approved for Two-Wheeler Manufacturer's Moulds, Usage Location Deemed Irrelevant for Tax Purposes.

October 19, 2016

Case Laws     Income Tax     AT

Depreciation on plastic mould - two wheeler manufacturer - it is immaterial whether the plastic /rubber moulds were used in the factory premises of the assessee or vendors - depreciation allowed at higher rate - AT

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