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![Leasehold Rights being Intangible Assets are not eligible for Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Leasehold Rights being Intangible Assets are not eligible for Depreciation: ITAT [Read Order]")
Leasehold Rights being Intangible Assets are not eligible for Depreciation: ITAT [Read Order]
In Mahanadi Coalfields Ltd vs Deputy Commissioner of Income Tax, the Cuttack bench of the Income Tax Appellate Tribunal (ITAT) recently ruled that...