Depreciation on JCB Excavator, Motor Grader and Soil Compactor ...

Court Rules in Favor of Taxpayer, Approves 50% Depreciation Rate for Road Construction Equipment Over 15% Option.

January 30, 2017

Case Laws Income Tax AT

Depreciation on JCB Excavator, Motor Grader and Soil Compactor used in the business of construction of road exclusively - @ 15% OR 50% - if there are two views possible, then the view which favours the assessee has to be adopted. - AT

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Depreciation on JCB Excavator, Motor Grader and Soil Compactor ...

Court Rules in Favor of Taxpayer, Approves 50% Depreciation Rate for Road Construction Equipment Over 15% Option.

January 30, 2017

Case Laws Income Tax AT

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