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![Depreciation allowable for Lab Equipments and Electrical Installation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Depreciation allowable for Lab Equipments and Electrical Installation: ITAT [Read Order]")
Depreciation allowable for Lab Equipments and Electrical Installation: ITAT [Read Order]
In DCIT, Cir.1 (1)(1) vs. M/s.Ahmedabad Strips P.Ltd, the Ahmedabad bench of the ITAT held that depreciation under section 32 of the Income-tax Act is...