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![License Fee paid to Indian Railway allowable as Depreciation: ITAT [Read Order] License Fee paid to Indian Railway allowable as Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Indian-Railway-Depreciation-License-Fee-Income-Tax-Taxscan.jpg)
License Fee paid to Indian Railway allowable as Depreciation: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that depreciation under section 32 of the Income Tax Act, 1961 is allowable in...