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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Whether the security deposits collected from customers on ...

Case Laws     Income Tax

December 10, 2012

Whether the security deposits collected from customers on letting out the Gas Cylinders is trading receipt, whether these Gas cylinders would constitute as plant as per Income Tax Act, if so, the depreciation to be granted at 100% on these Cylinders - both issues decided in favor of assessee - AT

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