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ICAI - IPCC SUGGESTED ANSWERS FROM NOV-2009 TO MAY-2011

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2 comments:

  1. can a business enjoy additional depreciation ( all condition fullfil) under income tax act,when a block of assets [related to that assets] not exist, { either W.D.V. of the block is less then sale consideration,or in the block not any asset exist.}

    Yes or No,Plz. answer in detail.

    ReplyDelete
  2. no. its only for new assets.

    ReplyDelete

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