Deduction u/s 80IA - claim of higher depreciation from 30% to ...
Taxpayer Claims Higher Deduction u/s 80IA After Depreciation on Commercial Vehicles Reduced from 30% to 15.
June 4, 2018
Case Laws Income Tax AT
Deduction u/s 80IA - claim of higher depreciation from 30% to 15% on commercial vehicles - this depreciation is related to B.T.Road Project. Hence the disallowance of depreciation of 15% would only go to increase the profits of B.T.Road Project and consequentially the assessee would be entitled for higher claim of deduction u/s 80IA - AT
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