12 August 2024


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CBDT: Publishing Houses Eligible to Claim Additional Depreciation - 24.05.2016

Central Board of Direct Taxes (CBDT) has clarified that publishing houses can claim additional depreciation on plant and machinery deployed by them as the business of printing and publishing amounts to “manufacture” or “production of an article or thing”.

Tags : Central Board of Direct Taxes Additional Depriciation publishing houses

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