Depreciation @ 15% or 10% under the block furniture and fixtures ...

Debate Over Depreciation Rate: Furniture and Fixtures at 15% or 10% for Long-Term Building Improvements?

September 5, 2020

Case Laws Income Tax AT

Depreciation @ 15% or 10% under the block furniture and fixtures - Considering the nature of expenditure, it can be safely concluded that the entire expenditure has been made for improvement of civil supply altering building by civil work. - Such civil work definitely gives a benefit of enduring nature. - AT

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Depreciation @ 15% or 10% under the block furniture and fixtures ...

Debate Over Depreciation Rate: Furniture and Fixtures at 15% or 10% for Long-Term Building Improvements?

September 5, 2020

Case Laws Income Tax AT

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