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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Decision in Escorts Ltd not to be applicable to the situation ...


Charitable Institutions Can Claim Depreciation When Calculating Funds for Charitable Use; Escorts Ltd Decision Not Applicable.

September 8, 2012

Case Laws     Income Tax     AT

Decision in Escorts Ltd not to be applicable to the situation where depreciation was claimed by a charitable institution in determining percentage of funds applied for the purposes of charitable objects.- AT

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