#section 32
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645 articlesIncome Tax
Income Tax
Two assets falling under different classes having same depreciation rate constitutes a single ‘block of assets’
Income Tax
Income Tax
Deferral of depreciation doesn’t Result in Income Concealment
Income Tax
Income Tax
Depreciation on goodwill – the perennial debate
Income Tax
Income Tax
‘Right to collect toll’ being intangible asset eligible to depreciation U/s. 32(1)(ii)
Income Tax
Income Tax
Tenant can claim depreciation in respect of expense on leased premises
Income Tax
Income Tax
No penalty for claim of depreciation at higher rate on UID Kit under bonafide belief
Income Tax
Income Tax
Depreciation eligible on Right to collect toll for specified period as it is intangible Asset
Income Tax
Income Tax
Depreciation not allowable on Govt approvals not creating any right
Income Tax
Income Tax
Truck terminus cannot be treated as building for providing resting /toilet facility
Income Tax
Income Tax
SC on depreciation on leased immovable property in absence of registered deed
Income Tax
Income Tax
Expense on improvement of leased building not allowable U/s. 37(1) but depreciation can be claimed on the same
Income Tax
Income Tax
Additional depreciation cannot be claimed on Machinery used during earlier years
Income Tax
Income Tax
Computerised Machines not eligible for Depreciation @60%
Income Tax
Income Tax
