#section 32
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645 articlesIncome Tax
Income Tax
Whether waiver of loan will amount to a benefit relatable to depreciation expenditure claimed earlier?
Income Tax
Income Tax
Additional depreciation allowable only on acquisition & installation of new machinery
Income Tax
Income Tax
Assessee entitled to depreciation on toll road/bridge constructed by it under concession agreement
Income Tax
Income Tax
Depreciation on Building used by the Assessee allowable despite non registration in his name
Income Tax
Income Tax
S.32 Depreciation allowable on goodwill paid for Purchase of clientele base of sub-broker
Income Tax
Income Tax
Mere irregularity in payments cannot be the basis for rejection of Depreciation on purchased & leased back asset
Income Tax
Income Tax
Vehicle financier eligible for depreciation on vehicle not registered it its name – SC
Income Tax
Income Tax
Even if a claim is not made before AO, it can be made before appellate authorities
Income Tax
Income Tax
Allowability of depreciation on leased out LPG cyclinders, Air Jet Spindle Assembly & Positar Disc
Income Tax
Income Tax
Machinery kept ready for use, but no actually used are entitled to depreciation
Income Tax
Income Tax
Unabsorbed depreciation to be set-off with income from other sources even if business losses not yet exhausted
Income Tax
Income Tax
In case of set off of business loss vis-à-vis depreciation, first preference shall be given to business loss
Income Tax
Income Tax
Amount paid on surrender of tenancy rights eligible for depreciation u/s. 32
Income Tax
Income Tax
