depreciation asset not put to use

  • Income Tax

Full year depreciation on vehicle can not be denied based on registration date

Full year depreciation on vehicle can not be denied on the ground that registration was done later as assessee had…

11 months ago
  • Income Tax

Depreciation allowable even if asset not used during year when it formed part of block of assets

Depreciation allowable even if asset not used during the year when it formed part of block of assets ABACUS Case…

4 years ago
  • Income Tax

Depreciation allowed even when asset was not used for single day – ITAT followed law settled by High Courts

Depreciation allowed when asset was not used for a single day during the year due to seizure by bank for loan…

6 years ago
  • Income Tax

Depreciation disallowed when entire asset block not put to use during the year. Claim that asset once entered block depreciation should be allowed dismissed

Depreciation disallowed when entire asset block not put to use during the year. The Claim that asset once entered block,…

8 years ago