Additional depreciation should be regarded as “Plant” or “Office ...

Clarification Needed on Asset Classification as "Plant" or "Office Equipment" Due to Insufficient Details; CIT(A) to Investigate Further.

March 30, 2020

Case Laws Income Tax AT

Additional depreciation should be regarded as “Plant” or “Office Equipment” - As we have already observed there is complete lack of details to decide whether the assets in question are “Plant” or “Office equipment” in the absence of the role these assets perform and purpose for which these assets are used by the Assessee. - CIT(A) directed to determine the issue.

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Additional depreciation should be regarded as “Plant” or “Office ...

Clarification Needed on Asset Classification as "Plant" or "Office Equipment" Due to Insufficient Details; CIT(A) to Investigate Further.

March 30, 2020

Case Laws Income Tax AT

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