https://www.taxtmi.com/acts?id=50996 Depreciation is restructured to a prescribed percentage on the written down value of a block of assets; clause (i) and several subordinate clauses and subsection (1A) are omitted. Explanations treat capital expenditure on buildings by a leaseholder as if the structure were owned and adopt the defined meaning of written down value from the asset-valuation provision. Consequential changes narrow references in the subsection governing allowances to the single reworded clause on block-wise written down value. en-us Fri, 18 Apr 2025 17:44:58 +0530 Fri, 18 Apr 2025 17:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50996 Depreciation is restructured to a prescribed percentage on the written down value of a block of assets; clause (i) and several subordinate clauses and subsection (1A) are omitted. Explanations treat capital expenditure on buildings by a leaseholder as if the structure were owned and adopt the defined meaning of written down value from the asset-valuation provision. Consequential changes narrow references in the subsection governing allowances to the single reworded clause on block-wise written down value. Act-Rules F. Acts / Amendment Acts Fri, 18 Apr 2025 17:44:58 +0530 https://www.taxtmi.com/acts?id=50996