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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Rate of depreciation on intangible asset of licence for running ...


Depreciation Rate Set at 25% for 20-Year License to Run Container Trains as Capital Asset.

June 5, 2018

Case Laws     Income Tax     AT

Rate of depreciation on intangible asset of licence for running container trains - commercial rights for 20 years - such rights would amount to capital asset - claim of depreciation allowed @25% - AT

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