Depreciation claim disallowed-defective machine not ready to use. Legal ownership not must but machine should at least be ready to use-ITAT
November 27, 2016
Income Tax, ITAT, Judgments
Depreciation claim disallowed-defective machine not ready to use. Legal ownership not a must but the machine if not used, should at least be ready to use-ITAT ABCAUS Case Law Citation: 1063 (2016) (11) ITAT Assessment Year: 2009-10 Date of the Judgment: 16-11-2016 Brief Facts of the Case: The …