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![Depreciation on Block of Assets: ITAT directs to allow Depreciation in respect of Closed Units/Non-Functional Undertakings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Block-of-Assets-ITAT-Depreciation-taxscan.jpg "Depreciation on Block of Assets: ITAT directs to allow Depreciation in respect of Closed Units/Non-Functional Undertakings [Read Order]")
Depreciation on Block of Assets: ITAT directs to allow Depreciation in respect of Closed Units/Non-Functional Undertakings [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT), has been directed to allow depreciation in respect of closed units and non-functional...
![Assessee entitled to claim 15% Depreciation under Block of Assets ‘Plant and Machinery’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Depreciation-Block-of-Assets-Plant-and-Machinery-ITAT-Taxscan.jpg "Assessee entitled to claim 15% Depreciation under Block of Assets ‘Plant and Machinery’: ITAT [Read Order]")
