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![Depreciation u/s 32 not allowable to Car received as Gift to Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Depreciation-Car-Gift-ITAT-Taxscan.jpeg "Depreciation u/s 32 not allowable to Car received as Gift to Firm: ITAT [Read Order]")
Depreciation u/s 32 not allowable to Car received as Gift to Firm: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench comprising Shri R.S. Syal, Vice President, and Shri S.S. Viswanethra Ravi, Judicial Member has...
![Subsidy received on Gross Value of Fixed Asset is not Deductible from Actual cost u/s 43(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Subsidy-gross-value-Fixed-Asset-Actual-cost-ITAT-taxscan.jpeg "Subsidy received on Gross Value of Fixed Asset is not Deductible from Actual cost u/s 43(1): ITAT [Read Order]")
![ITAT directs AO to allow Depreciation on Actual Cost of Assets without reducing the amount of Subsidy to Nestle India [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Nestle-AO-ITAT-Actual-Cost-Taxscan.jpg "ITAT directs AO to allow Depreciation on Actual Cost of Assets without reducing the amount of Subsidy to Nestle India [Read Order]")
