Entitlement for 100% depreciation on value of cylinders ...

Court Rules Items Under Rs. 5,000, Like Cylinders, Eligible for 100% Depreciation Without Usage Test Impact.

September 12, 2014

Case Laws Income Tax HC

Entitlement for 100% depreciation on value of cylinders purchased – an article whose cost is less than ₹ 5,000/- cannot form part of the block of assets much less the depreciation is subjected to any test as to extent of use - HC

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Entitlement for 100% depreciation on value of cylinders ...

Court Rules Items Under Rs. 5,000, Like Cylinders, Eligible for 100% Depreciation Without Usage Test Impact.

September 12, 2014

Case Laws Income Tax HC

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