Saturday, June 2, 2018

Printer being part of computer system eligible for 60% depreciation: Madras HC

IT : Printer being a part of computer, is eligible for depreciation at higher rate of 60 per cent

from www.taxmann.com Latest Case Laws https://ift.tt/2JaL4dO
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...