Case Law Details
Case Name : ACIT Vs. Claridges Hotels Pvt. Ltd. (ITAT Delhi)
Related Assessment Year : 2009- 10, 2010- 11
Courts :
All ITAT ITAT Delhi
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ACIT Vs. Claridges Hotels Pvt. Ltd. (ITAT Delhi)
Company can claim Depreciation in respect of Equipment Installed at Residential Premises of its Managing Director, the same should be added as perquisite in the hands of the said Director but cannot be disallowed in the hands of the assessee company
So far as dis allowance of depreciation of Rs. 1,75,048/- claimed on gym equipments installed in the premises of Managing Director, the assessee̵
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