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Furniture & equipment on leased business premises were entitled to 100% dep: Madras HC
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Corporate Tax
Furniture & equipment on leased business premises were entitled to 100% dep: Madras HC
Posted on
on
February 7, 2018
Tenet Tax Daily February 02 2018
By
tenettax-team
Corporate Tax
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HC granted waiver of sec. 234A interest as there was bona fide dispute to tax income in assessee’s hands
Depreciation on machinery was to be allowed even if it was used only for trial production: Bombay HC
