Friday, July 16, 2021

Switches and routers being part of peripherals of computer system are entitled to 60% dep. : HC

INCOME TAX : Switches and routers being part of peripherals of computer system entitled to depreciation at rate of 60 per cent

from www.taxmann.com Latest Case Laws https://ift.tt/3eniZS0
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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...