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Income Tax - Highlights / Catch Notes

Home Highlights June 2021 Year 2021 This

Depreciation u/s 32(1)(ii) in respect of its “right to collect ...

Case Laws     Income Tax

June 3, 2021

Depreciation u/s 32(1)(ii) in respect of its “right to collect toll” - the claim of the assessee towards depreciation under Sec.32(1)(ii) in respect of its intangible rights i.e “right to collect toll” being in conformity with the mandate of law is found to be in order. - AT

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