Disallowance of the claim of depreciation on fixed assets ...

Claim for Depreciation on Leased Land Initially Disallowed, Later Allowed u/s 32(1)(ii) of Income Tax Act.

March 8, 2014

Case Laws Income Tax AT

Disallowance of the claim of depreciation on fixed assets ‘Land’, taken on lease from OMC on the ground that the rate of depreciation so claimed is lower than the provision u/s 32(1)(ii) - claim allowed - AT

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Disallowance of the claim of depreciation on fixed assets ...

Claim for Depreciation on Leased Land Initially Disallowed, Later Allowed u/s 32(1)(ii) of Income Tax Act.

March 8, 2014

Case Laws Income Tax AT

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