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35 ad deduction
purchase of old plant and machinery is elligable for deduction under 35 ad?
Replies (2)
| Originally posted by : Sivaram Sravan Kumar | ||
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purchase of old plant and machinery is elligable for deduction under 35 ad? |  |
Old plant & machinery means already used machinery?
subject to 20% of total P&M can be old
imported Old P&M can be treated as new p&m
imported Old P&M can be treated as new p&m
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