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    <title>Amendment of section 32</title>
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    <description>Amendment reduces the statutory depreciation percentage in the first proviso to clause (iia)(B) of section 32(1), lowering the rate used to compute capital allowances for the specified asset block and thereby changing the annual allowance calculation for taxpayers with assets in that class.</description>
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    <pubDate>Wed, 22 Oct 2008 10:47:04 +0530</pubDate>
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      <title>Amendment of section 32</title>
      <link>https://www.taxtmi.com/acts?id=9844</link>
      <description>Amendment reduces the statutory depreciation percentage in the first proviso to clause (iia)(B) of section 32(1), lowering the rate used to compute capital allowances for the specified asset block and thereby changing the annual allowance calculation for taxpayers with assets in that class.</description>
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      <pubDate>Wed, 22 Oct 2008 10:47:04 +0530</pubDate>
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