#section 32
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645 articlesIncome Tax
Income Tax
No separate claim of depreciation is allowable in case of estimation of net profit
Income Tax
Income Tax
Depreciation cannot be claimed against interest Income falling under income from other sources
Income Tax
Income Tax
Goodwill is an asset under Explanation 3(b) to Section 32(1)
Income Tax
Income Tax
Depreciation not allowable on Portion of Factory leased to earn Rent
Income Tax
Income Tax
Reduction of Goodwill from block of assets to be considered as ‘transfer’
Income Tax
Income Tax
Once an asset is a part of block of assets, lack of subsequent use not relevant for depreciation
Income Tax
Income Tax
Depreciation on Resorts allowable for full year despite having seasonal business
Income Tax
Income Tax
Right to receive annuity on toll road eligible for depreciation
Income Tax
Income Tax
Depreciation allowed on new server, storage and accessories procured during the year on lease
Income Tax
Income Tax
Depreciation on Livestock
Income Tax
Income Tax
Conversion of natural gas to CNG is Manufacture & Additional depreciation Allowable
Income Tax
Income Tax
ITAT restores issue of Eligibility to claim depreciation on goodwill to AO
Income Tax
Income Tax
Rate of depreciation on computer accessories and peripherals
Income Tax
Income Tax
