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      Depreciation - only 10% area was let out by the assessee to its...

      Depreciation Limited to 1/10th: 10% of Property Let Out for Admin Use, Rest Used by Assessee.

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      Income TaxJanuary 6, 2016Case LawsHC
      Depreciation - only 10% area was let out by the assessee to its associated concerns for administrative work whereas the remaining area was being used by it. Thus, depreciation only to the extent of 1/10th was disallowed - HC

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      ActsIncome Tax