Monday, November 4, 2019

HC slams AO for not allowing higher dep. towards buses owned by assessee which were being run on hire

INCOME TAX: Assessee was entitled to claim higher rate of depreciation in respect of buses owned by it which were being run on hire

from www.taxmann.com Latest Case Laws https://ift.tt/32e06Z1

No comments:

Post a Comment

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...