Disallowance of depreciation - The expression "put to use" for ...

Tax Dispute Over Depreciation: AO Misinterprets "180 Days" as "6 Months" for Asset Use Requirement.

December 11, 2015

Case Laws Income Tax AT

Disallowance of depreciation - The expression "put to use" for 180 days has been wrongly changed by the AO for "6 months" - asset was put to use on or before 30.09.2007, thus the asset for which depreciation claimed was used for a period of more than 180 days - AT

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Disallowance of depreciation - The expression "put to use" for ...

Tax Dispute Over Depreciation: AO Misinterprets "180 Days" as "6 Months" for Asset Use Requirement.

December 11, 2015

Case Laws Income Tax AT

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