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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Additional depreciation - Once the activity of the assessee is ...

Case Laws     Income Tax

September 14, 2019

Additional depreciation - Once the activity of the assessee is converting the large stone blocks into aggregate which is after undergoing the process of crushing then the said activity is production/ manufacturing of a new article or thing which is different/distinct from input - claim of additional depreciation on the purchase and use of new plant and machinery allowed - AT

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