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Data Network Cables - Whether Plant and Machinery

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....ata Network Cables - Whether Plant and Machinery<br> Query (Issue) Started By: - sathyanarayanan kasinathan Dated:- 22-12-2010 Last Reply Date:- 21-6-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Wh....

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....ether Data Networking cables can be classified as plant and machinery alongwith Routing equipments under the Income Tax Act classifications. Whether any decisions available. Reply By Surender Gupta: ....

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....The Reply: In my view, the same should be considered as capital asset if in the nature of new setup and development of system. Otherwise it may fall under current repairs.<br> Discussion Forum - Know....

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....ledge Sharing ....