Begin typing your search above and press return to search.
![Depreciation Claim is Mandatory for Claiming Benefit of s. 80-IA of Income Tax Act: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Depreciation Claim is Mandatory for Claiming Benefit of s. 80-IA of Income Tax Act: SC [Read Judgment]")
Depreciation Claim is Mandatory for Claiming Benefit of s. 80-IA of Income Tax Act: SC [Read Judgment]
While dismissing an appeal filed by M/s Plastiblends India Limited, a two-judge bench of the Supreme Court held that assessee should claim for...
![Tenant is Eligible for Depreciation in respect of Expenditure incurred on Leased Premise: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Leasing.jpg "Tenant is Eligible for Depreciation in respect of Expenditure incurred on Leased Premise: Bombay HC [Read Order]")
![No Depreciation allowable in respect of Govt approvals: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Depreciation-Taxscan.jpg "No Depreciation allowable in respect of Govt approvals: ITAT Delhi [Read Order]")
A Lessee, Who Reimbursed the Cost of Construction of the Leasehold Property cannot Claim Depreciation: SC [Read Order]
The Title of an immovable property having value of more than Rs. 100/- cannot be deemed as transferred without registration. In a recent ruling, the two-judge bench of the supreme court...
![A Lessee, Who Reimbursed the Cost of Construction of the Leasehold Property cannot Claim Depreciation: SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "A Lessee, Who Reimbursed the Cost of Construction of the Leasehold Property cannot Claim Depreciation: SC [Read Order]")
![Delhi HC allows Depreciation Claim of Rs. 4 Cr by Sony India Pvt Ltd [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/02/SONY-INDIA.jpg "Delhi HC allows Depreciation Claim of Rs. 4 Cr by Sony India Pvt Ltd [Read Judgment]")
Assessee is Entitled to Additional Depreciation even if the Plant & Machinery not Installed: Bombay HC [Read Judgment]
In a recent ruling, the division bench of the Bombay High Court held that additional depreciation under section 32(1)(iia) of the Income Tax Act can be claimed in respect of plant & machinery even...
![Assessee is Entitled to Additional Depreciation even if the Plant & Machinery not Installed: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Assessee is Entitled to Additional Depreciation even if the Plant & Machinery not Installed: Bombay HC [Read Judgment]")
![Lessor of Vehicle is entitled for Depreciation under Income Tax Act: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Rajasthan-High-Court-Taxscan.jpg "Lessor of Vehicle is entitled for Depreciation under Income Tax Act: Rajasthan HC [Read Order]")
![Penalty is not Leviable on Ground of Disallowance of Depreciation: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty is not Leviable on Ground of Disallowance of Depreciation: ITAT Ahmedabad [Read Order]")
ITAT Ahmedabad allows Claim for Depreciation on Goodwill without a Revised Return during Assessment Proceedings [Read Order]
In a recent ruling, the division bench of the Ahmedabad ITAT held that Depreciation on 'goodwill' arising on amalgamation claimed by assessee company during course of assessment proceedings vide a...
![ITAT Ahmedabad allows Claim for Depreciation on Goodwill without a Revised Return during Assessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "ITAT Ahmedabad allows Claim for Depreciation on Goodwill without a Revised Return during Assessment Proceedings [Read Order]")