ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

CLUTCH AUTO-Accent on Exports

prior year's depreciation arrears amounting to Rs 10.7 crore were debited in 1992-93. The substantial tax shield available to the company in the form of investment allowance and accumulated depreciation which should enable the company to enjoy a tax-free status up to 1995 led to a nil tax provision for the year under review. The final retention price for the company's product for the fifth three- year pricing period ending March 31, 1991 was notified by the government only in February 1993 while the same price is being provisionally allowed as the retention price for the subsequent pricing period.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top