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agriculture income

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Querist : Anonymous (Querist)
03 June 2011 does anyone can claim depreciation on asset used for agricultural purpose?
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
03 June 2011 yes but only for the purposes of computing agricultural income see rule 2 Part IV Finance Act ,2011

CA MANOJ GUPTA
JODHPUR
09828510543

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