| Notification Detail :
It has come to the notice of the Board that disputes have arisen as to whether the expe diture incurred on development and construction of infrastructural facilities like road /highways on Build-Operate-Transfer ('BOT') basis with right to collect toll is entitled for • epreciation under section 32(1)(ii) of the Act or the same can be amortized by treating it as n allowable business expenditure under the relevant provisions of the Income-tax Act, 196 ('Act')
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