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'Put to use ' Certificate

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(Querist)
10 December 2007 Pls let me know whether Put to use certificate is essential to issue to user department by the accounts head for any addition to fixed assets during the current year.
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CA. Vineet Grover

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CA. Vineet Grover (Expert)
10 December 2007 Dear Sadanand,

It is recommended to maintain put to use certificates as a backup for income tax purpose.

Rgds/

Vineet

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