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2003 (10) TMI 8 - RAJASTHAN HIGH COURTBenefit of depreciation, extra-shift allowance and investment allowance - "Whether, Tribunal is legally justified in allowing benefit of depreciation, extra-shift allowance and investment allowance on hotel building and tourist complex by treating them as a plant?" – Held that assessee is not entitled to the benefit under the Income-tax Act by treating the hotel business to be an industrial undertaking - we hold that the Tribunal was not justified in allowing the benefit of depreciation, extra-shift allowance and investment allowance on hotel building and tourist complex by treating them as a plant.
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