New Vehicle Unit Setup Costs Classified as Capital Expenditure; Depreciation Qualifies u/s 32 of Income Tax Act.

Expenditure on setting up a new unit to roll out new types of vehicles is capital expenditure, entitled to depreciation u/s 32. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X