20201024· Additional Depreciation is allowed in the case of any new machinery or plant acquired and installed by an assessee engaged in the business of manufacture or production …
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Additional Depreciation Under Income Tax Act. New plant and machinery acquired and put to use on 15.12.2017 – Rs. 8,00,000; Computer acquired and installed in the office premises on …
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2020820· He further submitted that the additional depreciation can be claimed by the assessee as prescribed in the Income Tax Act read with Rule but the assessee is unable to …
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