Depreciation on motor car - though the assessee company was not ...

Company Can Claim Depreciation on Car as Beneficial Owner, Despite Lack of Legal Ownership.

November 8, 2017

Case Laws Income Tax AT

Depreciation on motor car - though the assessee company was not vested with the legal ownership of the vehicle, but then, it remained the beneficial owner of the same - assessee was duly entitled towards the claim of depreciation - AT

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Depreciation on motor car - though the assessee company was not ...

Company Can Claim Depreciation on Car as Beneficial Owner, Despite Lack of Legal Ownership.

November 8, 2017

Case Laws Income Tax AT

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