Depreciation - Capital subsidy – According to Explanation 10 ...

Capital Subsidy Deduction Lowers Asset Cost for Depreciation u/s 43(1) of Income Tax Act.

January 2, 2013

Case Laws Income Tax HC

Depreciation - Capital subsidy – According to Explanation 10 and proviso to sub-section (1) of Section 43, the subsidy amount shall be deducted in the actual cost of the asset of the assessee. - HC

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Depreciation - Capital subsidy – According to Explanation 10 ...

Capital Subsidy Deduction Lowers Asset Cost for Depreciation u/s 43(1) of Income Tax Act.

January 2, 2013

Case Laws Income Tax HC

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