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Depreciation available on machinery even if it is installed for trial run and not for production of goods

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  • Depreciation available on machinery even if it is installed for trial run and not for production of goods
Posted onon June 17, 2015

Tenet Tax Daily May 30 2015

By tenettax-team
Corporate Tax

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Depreciation available on machinery even if it is installed for trial run and not for production of goods
A company failing parameter of employee cost to sales ratio couldn’t be chosen as comparable for TP study

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