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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

Depreciation @ 40% or 15 % on Tippers, Vibrator and Vibrator ...


Depreciation on Tippers, Vibrators, and Compactors Limited to 15% Rate u/s 32 of Income Tax Act.

May 1, 2012

Case Laws     Income Tax     HC

Depreciation @ 40% or 15 % on Tippers, Vibrator and Vibrator Soil Compactor - AO allowed depreciation at the rate of 15% only - Section 32 - HC

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