To deny the benefit of additional depreciation to a generating ...

Electricity Producer Wins Case for Additional Depreciation; Court Rejects Restrictive Interpretation of Section 32(1)(iia.

March 4, 2019

Case Laws Income Tax HC

To deny the benefit of additional depreciation to a generating entity on the basis that electricity is not an “article” or “thing” is in our view an artificially restrictive meaning of the provision - Claim u/s 32(1)(iia) allowed.

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To deny the benefit of additional depreciation to a generating ...

Electricity Producer Wins Case for Additional Depreciation; Court Rejects Restrictive Interpretation of Section 32(1)(iia.

March 4, 2019

Case Laws Income Tax HC

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