Court Rules in Favor of Taxpayer, Approves 50% Depreciation Rate for Road Construction Equipment Over 15% Option.

Depreciation on JCB Excavator, Motor Grader and Soil Compactor used in the business of construction of road exclusively - @ 15% OR 50% - if there are two views possible, then the view which favours the assessee has to be adopted. - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X