Grant of depreciation - written value of block of assets as per ...
Depreciation Must Follow Income Tax Act for Assets from Demerged Company, Not Book Value, Court Rules.
January 15, 2015
Case Laws Income Tax AT
Grant of depreciation - written value of block of assets as per books of account of the assets taken over from the demerged company v/s written down value as per the provisions of Income Tax Act of the transferred assets of the demerged company - contentions of the assessee rejected - AT
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