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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Depreciation u/s 32(1)- assessee got into possession of the ...


Depreciation Allowed u/s 32(1) for Assessee Possessing Industrial Unit via Agreement to Sell.

March 31, 2014

Case Laws     Income Tax     HC

Depreciation u/s 32(1)- assessee got into possession of the unit/industrial undertaking from Wipro by virtue of the Agreement to sale and since then, is in possession thereof in its own right - depreciation allowed - HC

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