Depreciation on landed property - disallow depreciation on land ...
Depreciation on Land Disallowed: ITAT Affirms No Tax Benefits for Land Under Income Tax Act, 1961.
March 2, 2024
Case Laws Income Tax AT
Depreciation on landed property - disallow depreciation on land cost and added back to the total income - The ITAT held that Depreciation on landed property is not allowable under the Income Tax Act, 1961.
View Source