https://www.taxtmi.com/circulars?id=9662 Interest attributable to the period after installation and commencement of production may not be capitalised; amounts capitalised for such post commissioning interest, including future interest, do not qualify for investment allowance or depreciation. An earlier Board instruction misstated the statutory effective year by oversight; that reference is corrected to reflect the statute's actual commencement date, and officers should note the clarification. en-us Wed, 12 Jun 1985 00:00:00 +0530 Wed, 08 Jun 2011 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9662 Interest attributable to the period after installation and commencement of production may not be capitalised; amounts capitalised for such post commissioning interest, including future interest, do not qualify for investment allowance or depreciation. An earlier Board instruction misstated the statutory effective year by oversight; that reference is corrected to reflect the statute's actual commencement date, and officers should note the clarification. Circulars Income Tax Wed, 12 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9662