Once, the machinery was available for use, though not actually ...

Machinery not actively used still qualifies for business purposes, allowing depreciation claims under tax rules.

October 5, 2018

Case Laws Income Tax AT

Once, the machinery was available for use, though not actually used, falls within the expression used “for the purpose of business of the assessee” and claim the benefit of depreciation.

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Once, the machinery was available for use, though not actually ...

Machinery not actively used still qualifies for business purposes, allowing depreciation claims under tax rules.

October 5, 2018

Case Laws Income Tax AT

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