Additional Depreciation on increased cost - Adjustments u/s 43A ...

Case Laws Income Tax

November 16, 2021

Additional Depreciation on increased cost - Adjustments u/s 43A - exchange rate fluctuation - the increase or decrease in liability should be taken into account to modify the figure of actual cost and secondly that such adjustment should be made in the year in which the increase or decrease in liability arises on account of the fluctuation in the rate of exchange - Claim allowed - HC

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Additional Depreciation on increased cost - Adjustments u/s 43A ...

Case Laws Income Tax

November 16, 2021

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