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Loaders, water tankers eligible for 30% depreciation if used in business of transportation of goods on hire
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Corporate Tax
Loaders, water tankers eligible for 30% depreciation if used in business of transportation of goods on hire
Posted on
on
December 3, 2016
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By
tenettax-team
Corporate Tax
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Interest paid by stock-broker was deductible under sec. 57 as borrowings were utilized for deposits with NSE
Gains arising on shares were capital gains when shares were continuously shown as investment in balance sheet
