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Raj Luxmi Stone Crusher P Ltd,vs Department Of Income18 JunIt is running a stone crusher and it has claimed deduction u/s 80IB as well asdepreciation on the ground that breaking .

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Nov 04,Depreciation Rates as per Income Tax for FY/ AYDepreciation is allowed as deduction under section 32 of Income Tax Act, . In computation of taxable income, the depreciation rate as per income tax act will be allowed as deduction while depreciation as per book profit is added back. get price

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Rate Of Depreciation As Per Income Tax Act On Stone Crusher. Rate Of Depreciation As Per Income Tax Act On Stone Crusher; Depreciation rates incometaxindia.gov. 170 rows· "Speed boat" means a motor boat driven by a high speed internal combustion engine capable of propelling the boat at a speed exceeding 24 kilometers per hour in still water and so designed that when running at a .

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Depreciation Rates As Per Companies Act Of Coal Crusher Depreciation of stone crushing plant kaolin equipment suppliers rate of depreciation for stone crusher industries as rules may be cited as the income tax jaw crusher is the main machine used in stone crushing plant with the depreciation rate applicable to crusher units depreciation rate .

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Jun 22, · LatestDepreciationRates as per Income Tax Act and Companies Act .Depreciationon assets is covered under section 32 of the Income tax act. In order to claimdepreciationthe asset should be used for business or profession and assesse should be owner of such asset.Depreciationon asset is allowed only if assesse is beneficial owner

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Aug 20, · The. assessee claimed depreciation at 40 per cent. on the trucks which was allowed by the Incometax Officer, but subsequently the Commissioner of incometax exercising his power under section 263 of the Incometax Act came to the conclusion that the rate of depreciation at 40 per .

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Rate Of Depreciation On Stone Crusher As Per Income Tax Act. Product capacity : t/h. Max Feeding Size : mm. Output Size : mm . This series of jaw crusher belongs to stone crushing equipment which is widely used in the works of metallurgy, mining, cement, chemistry, refractory and ceramics as well as highway construction and water conservancy.

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depreciationon crusher machanary | Prominer (Shanghai

Raj Luxmi Stone Crusher P Ltd,vs Department Of Income18 JunIt is running a stone crusher and it has claimed deduction u/s 80IB as well asdepreciation on the ground that breaking of boulder into small pieces i.e.of stones with the aid of labour and machinery it was a manufacturing

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