Expenditure on replacement of plant and machinery - ITAT allowed ...
ITAT Approves 100% Depreciation on Machinery Replacements, Missing from Company's Annual Report, Raising Benefit Concerns.
March 26, 2015
Case Laws Income Tax HC
Expenditure on replacement of plant and machinery - ITAT allowed depreciation at 100% on the specified items - claim which was not reflected in the Annual Report given to shareholders and Company Law Board is clearly an afterthought with an intention to avail greater benefit - HC
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