Disallowance on account of depreciation - The re-classification ...

Re-classification of Assets for Depreciation: Minor Adjustment in Machinery and Computer Blocks, Revenue-Neutral Impact.

June 17, 2016

Case Laws Income Tax AT

Disallowance on account of depreciation - The re-classification of asset at the most makes a benign shift in the claim of depreciation of machinery block and computer block. Depreciation being a carried over allowance based on WDV; rate of tax being same is a revenue neutral exercise - AT

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Disallowance on account of depreciation - The re-classification ...

Re-classification of Assets for Depreciation: Minor Adjustment in Machinery and Computer Blocks, Revenue-Neutral Impact.

June 17, 2016

Case Laws Income Tax AT

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