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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Allowability of depreciation on enhanced value – Tribunal has ...


Tribunal Overlooked Depreciation on Enhanced Value u/s 43(1) Explanation 3 of Income Tax Act.

July 29, 2014

Case Laws     Income Tax     HC

Allowability of depreciation on enhanced value – Tribunal has not properly appreciated and considered the relevant provision of Section 43(1), more particularly, explanation 3 of Section 43(1) which was prevailing at the relevant time - HC

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