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Income Tax - Highlights / Catch Notes

Home Highlights August 2011 Year 2011 This

Poultry shed is not a "plant" enabling the assessee to the ...


Poultry Shed Classified as "Building" for Tax; Eligible for Building Depreciation Rate, Not Higher Plant Rate.

August 6, 2011

Case Laws     Income Tax     HC

Poultry shed is not a "plant" enabling the assessee to the higher rate of depreciation as applicable to a "plant" and that it is entitled to claim depreciation as applicable to a "building" only.... - HC

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