The ITAT upheld the allowance of the claim of 50 % depreciation on sample flats used for less than 180 days
The Income Tax Appellate Tribunal (ITAT) observed that the claim of 50 % depreciation on a sample flat used for less than 180 days is allowable and deleted the disallowance. It was found that the revenue has not disputed the fact that the sample flat is a temporary structure and no contrary findings being brought…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now 
