#section 32
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645 articlesIncome Tax
Income Tax
Depreciation on Motor Car cannot be disallowed partly on Personal use assumption
Income Tax
Income Tax
Expenditure incurred for day-to-day improvement of existing business is capital expense
Income Tax
Income Tax
Re-compute Depreciation as loss on sale of motor car Wrongly debited to P&L account: ITAT
Income Tax
Income Tax
Depreciation Eligible on Intangible asset namely Goodwill
Income Tax
Income Tax
Depreciation on Printers, UPS, Scanners, Cash dispenser Hardware & ATM Switch
Income Tax
Income Tax
Leasehold Rights not eligible for Depreciation
Income Tax
Income Tax
Payment of little higher rate of interest on unsecured loans justified as it involves lesser formalities
Income Tax
Income Tax
Depreciation in case of slump sale based on proportionate number of days by transferor and transferee company- Clarify legal position- ICAI
Income Tax
Income Tax
Depreciation on assets allowable to trust despite treatment of same as Income Application : SC
Company Law
Company Law
Depreciation cannot be denied for Breakdown & Technical Snags during Trial runs of Machineries
Income Tax
Income Tax
Depreciation @ 60% allowable on Software used for imparting training
Income Tax
Income Tax
Depreciation @ 100% on’ Advertisement hoardings treated as temporary structures allowable
Income Tax
Income Tax
Allowability of Depreciation on Gym Equipment Installed at House of Managing Director
Income Tax
Income Tax
