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Depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2012 Can Anaesthesia machine be treated as LIFE SAVING MACHINE as per Income tax act for the purpose of claiming depreciation on such machinery @ 40%
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
17 September 2012 Ventilator used with anaesthesia apparatus is life saving equipment for income tax.

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