Depreciation on lease buses – Nature of lease – Operating lease ...

Depreciation on Leased Buses: Determining Operating vs. Finance Lease Status Doesn't Disqualify Current Claims.

January 7, 2014

Case Laws Income Tax AT

Depreciation on lease buses – Nature of lease – Operating lease OR Finance Lease – merely because depreciation is allowed on the same assets (buses) to M/s. DMRC Ltd. would not ipso facto disentitle the assessee to its rightful claim - AT

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Depreciation on lease buses – Nature of lease – Operating lease ...

Depreciation on Leased Buses: Determining Operating vs. Finance Lease Status Doesn't Disqualify Current Claims.

January 7, 2014

Case Laws Income Tax AT

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