Saturday, November 3, 2018

No denial of dep. just because machinery was used only for trail production: Supreme Court

IT: Depreciation in respect of machinery to be allowed even if same was used only for trial production; SLP dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2F2wLKV
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...