Depreciation - Merely, because the road is laid out does not ...

Court Rules Road Construction for Public Use Does Not Grant Ownership; No Depreciation Claim for Taxpayer Allowed.

November 12, 2014

Case Laws Income Tax HC

Depreciation - Merely, because the road is laid out does not mean that the Assessee is the owner thereof. He has laid it out for the purpose of the union and for its ultimate vesting in the public - No depreciation - HC

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Depreciation - Merely, because the road is laid out does not ...

Court Rules Road Construction for Public Use Does Not Grant Ownership; No Depreciation Claim for Taxpayer Allowed.

November 12, 2014

Case Laws Income Tax HC

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