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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

Claim of depreciation in respect of assets allegedly leased - ...


High Court Reviews Depreciation Claim on Assets in Leaseback Financing Transactions; Assessee Seeks 100% Depreciation Benefit.

May 4, 2012

Case Laws     Income Tax     HC

Claim of depreciation in respect of assets allegedly leased - financing transactions - assessee purchased assets and leased back to the same company claiming 100% depreciation - HC

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