Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1993 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1993 (1) TMI 59 - BOMBAY HIGH COURTExtract: ....... Co. Ltd. 1992 196 ITR 149. Both the courts have held that the roads constructed within the factory premises are to be considered as buildings for the purpose of depreciation. We, accordingly, answer this question and hold that depreciation on the roads constructed within the factory premises should be allowed as on building . No order as to costs.
|