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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Depreciation on intangible assets being “business and commercial ...

Case Laws     Income Tax

June 7, 2018

Depreciation on intangible assets being “business and commercial rights” - payment made by the assessee in the form of compensation for acquiring mining rights in the land is intangible assets and hence depreciation is allowed.

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