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Capitalization of assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 February 2012 if the assets is capitalized than we can claim excess duty?
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
28 February 2012 Incase of capital goods .. excise duty shall be required to be claimed by claiming 50% in the year of purchase and the balance in the next year

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