Is RO plant of 4crores eligible for 100% depreciation?
Kindly advice.
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It dep for ro plant
Replies (2)
yes u can refer "TVS motor company ltd vs ACIT, chennai"
https://taxindiaconnect.com/royalty-and-fees-for-technical-services/620-tvs-motor-co-ltd-versus-acit.html
Thanks for the reference. So RO forms part of EPT and is eligible for 100% depreciation?
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