https://www.taxtmi.com/acts?id=47406 Amendment restricts depreciation deductions by excluding non Indian manufactured motor cars (with limited use exceptions) and machinery or plant whose cost is already allowed under a Central Government agreement, and by providing that assets in a block acquired and used for less than 180 days in the previous year receive only fifty per cent of the prescribed depreciation for that block. en-us Mon, 13 Jan 2025 14:46:15 +0530 Mon, 27 Jan 2025 16:19:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47406 Amendment restricts depreciation deductions by excluding non Indian manufactured motor cars (with limited use exceptions) and machinery or plant whose cost is already allowed under a Central Government agreement, and by providing that assets in a block acquired and used for less than 180 days in the previous year receive only fifty per cent of the prescribed depreciation for that block. Act-Rules F. Acts / Amendment Acts Mon, 13 Jan 2025 14:46:15 +0530 https://www.taxtmi.com/acts?id=47406