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Income Tax - Highlights / Catch Notes

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Disallowance of assessee's claim of depreciation on truck - ...


High Court Upholds ITAT Decision Allowing Depreciation Claim on Truck with Annual Hire Charges of Rs. 24,000.

March 30, 2018

Case Laws     Income Tax     HC

Disallowance of assessee's claim of depreciation on truck - assessee has shown hire charges of ₹ 24,000/per truck per annum and also claimed depreciation - HC confirmed the order ITAT allowing the claim of assesse.

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