Claim of assessee for depreciation @ 80% of energy saving ...

Income Tax

August 6, 2015

Claim of assessee for depreciation @ 80% of energy saving devices denied - after the introduction of concept of “block of assets”, the assets loose identity the moment they enter the block and therefore the rate of depreciation of a particular item of depreciable asset cannot be tampered with in a subsequent assessment year - AT

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Claim of assessee for depreciation @ 80% of energy saving ...

Income Tax

August 6, 2015

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