#section 32
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645 articlesIncome Tax
Income Tax
Allowability of depreciation on the Bombay Stock Exchange Membership Card
Income Tax
Income Tax
True basis of depreciation allowance is the character of the asset not the description of the same
Income Tax
Income Tax
The depreciation cannot be taken as ‘notionally allowed’, but only as ‘actually allowed’
Income Tax
Income Tax
Taxability of Sale Proceed of Assets Purchased before introduction of block concept and sale thereafter
Income Tax
Income Tax
Allowability of depreciation on stock exchange membership card
Income Tax
Income Tax
Depreciation on discarded machinery allowable, if used for business purposes in earlier years
Income Tax
Income Tax
Depreciation on goodwill is allowable under the Income Tax Act, 1961
Income Tax
Income Tax
Terminal allowance under clause(iii) of section 32(1) available only to power generating units
Income Tax
Income Tax
‘Non-compete right’ acquired by an assessee is eligible for depreciation under clause (ii) of section 32(1) of IT Act
Income Tax
Income Tax
Allowability of depreciation on non-compete fee u/s. 32 of the Income Tax Act, 1961
Income Tax
Income Tax
Beneficial ownership is relevant than legal ownership to claim depreciation – SC
Income Tax
Income Tax
Depreciation can be allowed only if Assessee claimed & Furnished details in ROI
Income Tax
Income Tax
Unabsorbed carried forward losses cannot be given preference over current depreciation
Income Tax
Income Tax
