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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Assessee is entitled to the claim of depreciation i/s 32 on the ...


Gas Sweetening Plant Eligible for Depreciation u/s 32 Despite Inactivity Due to Raw Material Shortage.

July 25, 2015

Case Laws     Income Tax     AT

Assessee is entitled to the claim of depreciation i/s 32 on the gas sweetening plant which was kept ready for use during the entire previous year, though not actually used due to lack of raw material - AT

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