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![Building, Machinery Plant or Furniture not Exclusively used for Purpose of Business or Profession: ITAT disallows Depreciation Claim on Building [Read Order] Building, Machinery Plant or Furniture not Exclusively used for Purpose of Business or Profession: ITAT disallows Depreciation Claim on Building [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/income-tax-ITAT-ITAT-Mumbai-Plant-machinery-taxscan.jpg)
Building, Machinery Plant or Furniture not Exclusively used for Purpose of Business or Profession: ITAT disallows Depreciation Claim on Building [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) disallowed the depreciation claim on any building, machinery, plant, or furniture not...


![Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order] Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Interest-of-loans-Plant-Machinery-CWP-capitalised-Disallowed-ITAT-Taxscan.jpeg)