Water treatment plant
This query is : Resolved
karan nagoal
(Querist)
17 July 2015
I have a query that a partnership firm purchased a water treatment plant for treatment of water for workers to drink .under income tax act 1961 depreciation on water pollution treatment plant is 100%. and no explanation given for the use of water treatement palnt .can partnership firm claim depreciation ?
17 July 2015
yes as there is no restirction for same.....
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