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SourceLaw Dictionary Browse Letter D

Depreciation Actually Allowed

Legal definition for Indian law research

Definition

Depreciation actually allowed, the expression 'all depreciation actually allowed under any laws or rules', and the expression 'actually allowed' is unambiguous and connotes the idea that the allowance was actually given effect to, C.I.T. v. Straw Products Ltd., AIR 1966 SC 1113: (1962) 2 SCR 881

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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