https://www.taxtmi.com/article/detailed?id=7840 The uniform reduction of varied higher depreciation rates to 40% is unjustified because those rates served distinct incentivising purposes; the proportional and unexplained cuts are irrational. The amendment also erodes incentives under Section 115BA for newly formed companies by reducing depreciation benefits contemporaneously or in the immediately following year, and the notification's timing raises effective date and fiscal stability concerns. en-us Wed, 31 Jan 2018 07:35:48 +0530 Wed, 31 Jan 2018 07:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7840 The uniform reduction of varied higher depreciation rates to 40% is unjustified because those rates served distinct incentivising purposes; the proportional and unexplained cuts are irrational. The amendment also erodes incentives under Section 115BA for newly formed companies by reducing depreciation benefits contemporaneously or in the immediately following year, and the notification's timing raises effective date and fiscal stability concerns. Articles Income Tax Wed, 31 Jan 2018 07:35:48 +0530 https://www.taxtmi.com/article/detailed?id=7840