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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Claim of depreciation on the plant & machinery purchased from ...

Case Laws     Income Tax

May 11, 2017

Claim of depreciation on the plant & machinery purchased from the amount withdrawn from the account maintained with NABARD - the depreciation is not a expenditure but an allowance - the same is out of the purview of section 33AB(6) - No additions - AT

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