The firm was not a tenant/had not paid for acquisition of ...

Firm's Depreciation Claim Denied for Misrecorded Payments to Heirs as Tenancy Rights.

October 25, 2017

Case Laws Income Tax AT

The firm was not a tenant/had not paid for acquisition of tenancy right but has made payments to the legal heirs of the deceased partners and has reflected the same as payment made for acquisition of tenancy rights in its books of account - Depreciation on tenancy rights denied.

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The firm was not a tenant/had not paid for acquisition of ...

Firm's Depreciation Claim Denied for Misrecorded Payments to Heirs as Tenancy Rights.

October 25, 2017

Case Laws Income Tax AT

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