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Whether vendor tooling qualifies for additional depreciation

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(Querist)
05 February 2011 Whether tools & dies used for manufacturing automobile parts qualifies for additional depreciation @ 20% under section 32 of the Income tax act.
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CA Pradeep Kumar Rajput

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CA Pradeep Kumar Rajput (Expert)
05 February 2011 If it is the part of Plant & Machinery and completing the Criteria for claiming the additional depreciation......

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