Full year depreciation on vehicle can not be denied on the ground that registration was done later as assessee had…
Gain on sale of fixed assets was not taxable under income tax act as sale consideration was reduced from block…
Addition sustained for claiming accumulated depreciation in Profit and Loss Account instead of current year’s depreciation ABCAUS Neutral Case Law…
Once an asset is part of block, depreciation can not be denied non-use. The concept of “use” of assets has…
Depreciation allowable even if asset not used during the year when it formed part of block of assets ABACUS Case…
Depreciation disallowed on VAT portion of capital goods suspected to be purchased from grey market ABACUS Case Law CitationABCAUS 3364…
Depreciation allowable u/s 11(6) when assessee has not claimed cost of fixed assets as application of income in any previous…
Depreciation rate on printers under Income Tax. Computer peripherals like printers part of computer system & entitled for depreciation at…
Depreciation and provision for maintenance on BOT project allowable. ITAT distinguished decision of Bombay High Court & held in assessee's…
Depreciation on intangible assets on conversion of proprietorship into private limited company allowed as the transaction was not considered sham…