Depreciation for TUF scheme assets
This query is : Resolved
12 September 2007
Thank you Mr.Rao for your clarification. shall I take that the assets purchased after 31.03.2004 are not eligible for the higher rate of depreciation ( 50 % )applicable for TUF scheme purchase ?
12 September 2007
i did not find any further reference to TUFS in current year IT ready reckoner. SO MY ANSWER IS IN AFFIRMATIVE TO YR. QUESTION.
R.V.RAO
R.V.RAO
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