https://www.taxtmi.com/manuals?id=4953 New Asset is defined as new plant and machinery but excludes any plant or machinery previously used by another person, plant or machinery installed in office or residential accommodation (including guest-house style accommodation), office appliances including computers and software, vehicles, and any plant or machinery whose whole actual cost has been allowed as a deduction in computing business or professional income. en-us Wed, 11 Sep 2024 11:19:00 +0530 Tue, 05 Nov 2024 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4953 New Asset is defined as new plant and machinery but excludes any plant or machinery previously used by another person, plant or machinery installed in office or residential accommodation (including guest-house style accommodation), office appliances including computers and software, vehicles, and any plant or machinery whose whole actual cost has been allowed as a deduction in computing business or professional income. Manuals Income Tax Wed, 11 Sep 2024 11:19:00 +0530 https://www.taxtmi.com/manuals?id=4953