Excess claim of depreciation - Equipments given on hire - cost ...

Depreciation Claims on Hired Equipment: Section 43(1) and the Impact of Commercial Use on Acquisition Cost.

May 23, 2015

Case Laws Income Tax AT

Excess claim of depreciation - Equipments given on hire - cost of acquisition u//s 43(1) - It defies all the logics that any Equipment commercially exploited for at least three months by giving it on hire, after purchase, would fetch the same price at which it was acquired. - AT

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Excess claim of depreciation - Equipments given on hire - cost ...

Depreciation Claims on Hired Equipment: Section 43(1) and the Impact of Commercial Use on Acquisition Cost.

May 23, 2015

Case Laws Income Tax AT

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