As the assessee has stated that the plant and machinery has ...

Assessee Claims Unused Plant and Machinery Should Not Be Included in Business Assets, Resulting in Capital Loss.

October 14, 2014

Case Laws Income Tax AT

As the assessee has stated that the plant and machinery has never been used in the hotel right from the beginning, such plant & machinery cannot be considered as part of the block of asset of the assessee's business - loss on account of capital field - AT

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As the assessee has stated that the plant and machinery has ...

Assessee Claims Unused Plant and Machinery Should Not Be Included in Business Assets, Resulting in Capital Loss.

October 14, 2014

Case Laws Income Tax AT

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