Indexation

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Hemanth

Hemanth (Querist)
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29 September 2015 indexation available for intangible assets or not?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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29 September 2015 No, if the intangible asset referred is an item of Part B of Appendix 1 r a w rule 5 of Income tax Rules,1962, being a depreciable asset.

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Indexation

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