Depreciation Denied: Tools & Machinery Considered Part of Hotel Construction Costs, Ineligible for Tax Depreciation.

Non granting of depreciation on earned tools used for the business - tools and machineries, which are purchased by the assessee, are not eligible for depreciation but they themselves are cost of construction of the hotel building - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X