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![Depreciation allowable on Plant and Machinery required for Manufacture of Compressed Natural Gas from Natural Gas: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Depreciation allowable on Plant and Machinery required for Manufacture of Compressed Natural Gas from Natural Gas: ITAT [Read Order]")
Depreciation allowable on Plant and Machinery required for Manufacture of Compressed Natural Gas from Natural Gas: ITAT [Read Order]
Lucknow bench of Income Tax Appellate Tribunal (ITAT) has recently held that depreciation is allowable on plant & machinery which is required for...
![Expenses related to the Fundamentals of Business can’t be Disallowed merely because it is not Vouched: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenses-Taxscan.jpg "Expenses related to the Fundamentals of Business can’t be Disallowed merely because it is not Vouched: ITAT [Read Order]")