Sponsored
    Follow Us:

Case Law Details

Case Name : Deputy Commissioner of Income-tax Vs Cosmo Films Ltd. (ITAT Delhi)
Related Assessment Year : 2004-05 TO 2006-07
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

IN THE ITAT DELHI BENCH ‘B’

Deputy Commissioner of Income-tax

V/s.

Cosmo Films Ltd.

IT APPEAL NOS. 2508 & 2831 (DELHI) OF 2007, 1449

& 1548 (DELHI) OF 2008, 4010 & 4040 (DELHI) OF 2009

AND 934 & 935 (DELHI) OF 2011

139 ITD 628 (De

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

0 Comments

  1. pankaj says:

    Dear author,
    Try to quote the caption in such a manner which did not creates ambiguity among the readers. Having a bare looks to the above caption interprets that additional depreciation is allowable to the extent of 100% even if the asset is used for less than 180 days. However by going thorough the case, it held that if the asset is used for less than 180 days,then 50% of the amount of additional depreciation is allowed during the previous year of put to use of asset and remaining 50% is to be allowed in the succeeding year.
    Regards,
    Pankaj.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31