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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Depreciation on car - the assessee is eligible for depreciation ...


Assessee Can Claim Depreciation on Car Registered in Director's Name if Assessee is Beneficial Owner.

October 30, 2019

Case Laws     Income Tax     AT

Depreciation on car - the assessee is eligible for depreciation on the car purchased by it but registered in the name of the director as the assessee is the beneficial owner of such car.

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