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Regarding depreciation...urgent

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23 February 2013 whether depreciation is allowed or disallowed on unauthorised assets....plz gv d case refrence also
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
23 February 2013 Income tax doesn't look for authorised or unauthorised asset
in view of income tax all assets are same
so whether asset is unauthorised it will be depreciated with normal rates as it is authorised.

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