Section 32(1)(iia): One-Time Additional Depreciation to Boost Industrialization Must Be Interpreted Liberally for Effective Application.

Section 32(1)(iia): One-Time Additional Depreciation to Boost Industrialization Must Be Interpreted Liberally for Effective Application. https://www.taxtmi.com/highlights?id=30708 Additional depreciation allowed u/s 32(1)(iia) is a one time benefit to encourage industrialization, and the provisions related to it have to be construed reasonably, liberally and purposively, to make the provision meaningful - AT en-us Wed, 10 Aug 2016 09:54:30 +0530 Wed, 10 Aug 2016 09:54:30 +0530 TaxTMI RSS Generator Section 32(1)(iia): One-Time Additional Depreciation to Boost Industrialization Must Be Interpreted Liberally for Effective Application. https://www.taxtmi.com/highlights?id=30708 Additional depreciation allowed u/s 32(1)(iia) is a one time benefit to encourage industrialization, and the provisions related to it have to be construed reasonably, liberally and purposively, to make the provision meaningful - AT Highlights Income Tax Wed, 10 Aug 2016 09:54:30 +0530 https://www.taxtmi.com/highlights?id=30708