Estimation of income - AO has taxed the entire receipt from fish ...

Court Allows Depreciation and Interest Deductions on Fish Crates, Despite Entire Revenue Classified as Taxable Income.

January 22, 2019

Case Laws Income Tax AT

Estimation of income - AO has taxed the entire receipt from fish crates as income - the depreciation on crates and the interest attributable to acquiring the fish crates required to be allowed in the interest of justice.

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Estimation of income - AO has taxed the entire receipt from fish ...

Court Allows Depreciation and Interest Deductions on Fish Crates, Despite Entire Revenue Classified as Taxable Income.

January 22, 2019

Case Laws Income Tax AT

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