Disallowance of depreciation - assessee had claimed 100 percent ...

Court Rules No Depreciation for Unused Machinery on Abandoned 1999 Project in Assessment Year 1998-99.

September 4, 2013

Case Laws Income Tax AT

Disallowance of depreciation - assessee had claimed 100 percent depreciation as the project was completely abandoned later in the year 1999. Since the machinery was never put to use by the assessee no depreciation is allowable for the assessment year 1998-99 - AT

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Disallowance of depreciation - assessee had claimed 100 percent ...

Court Rules No Depreciation for Unused Machinery on Abandoned 1999 Project in Assessment Year 1998-99.

September 4, 2013

Case Laws Income Tax AT

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