Depreciation claim on the asset “Right to collect Toll” - ...

Depreciation Allowed on Intangible Assets like "Right to Collect Toll" per Income Tax Act Section 32(1)(ii.

October 13, 2017

Case Laws Income Tax AT

Depreciation claim on the asset “Right to collect Toll” - section 32(1)(ii) permits allowance of depreciation on assets specified therein being 'intangible assets' which are wholly or partly owned by the assessee and used for the purposes of its business.

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Depreciation claim on the asset “Right to collect Toll” - ...

Depreciation Allowed on Intangible Assets like "Right to Collect Toll" per Income Tax Act Section 32(1)(ii.

October 13, 2017

Case Laws Income Tax AT

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