Assets given on lease and returning back to the assessee and ...

Income Tax

April 7, 2017

Assets given on lease and returning back to the assessee and again given on lease depreciation is required to be allowed once the assets purchased in the earlier year have entered the block of assets, and depreciation in respect of such assets has been allowed in that year, depreciation in respect of such assets is necessarily to be allowed for the subsequent year - AT

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Assets given on lease and returning back to the assessee and ...

Income Tax

April 7, 2017

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