Wednesday, October 16, 2019

Residential flats built for accommodation of employees to be regarded as building used for purpose of business

INCOME TAX: Residential flats built by assessee-company for accommodation of its employees was to be regarded as building used for purpose of business of company and thus, assessee was entitled to claim high rate of depreciation on said flats

from www.taxmann.com Latest Case Laws https://ift.tt/2ORrNUw
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