Rate of depreciation and development rebate - fork lift trucks

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Full Text of the Document

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.... trucks under Appendix I to the Income-tax Rules, 1962. Fork lift truck is a multi-purpose machinery which is used for lifting as well as transporting materials from place to place either within a factory or from one location to another. When the fork lift trucks are used on the road outside the factory premises they are required to have a licence from the regional transport authorities is applica....