Depreciation - only 10% area was let out by the assessee to its ...
Depreciation Limited to 1/10th: 10% of Property Let Out for Admin Use, Rest Used by Assessee.
January 6, 2016
Case Laws Income Tax HC
Depreciation - only 10% area was let out by the assessee to its associated concerns for administrative work whereas the remaining area was being used by it. Thus, depreciation only to the extent of 1/10th was disallowed - HC
View Source