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![Relief to Mumbai Nasik Expressway: ITAT allows 25% Depreciation on Expenditure incurred for Development of Roads [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Mumbai-Nasik-Expressway-ITAT-depreciation-Taxscan.jpeg "Relief to Mumbai Nasik Expressway: ITAT allows 25% Depreciation on Expenditure incurred for Development of Roads [Read Order]")
Relief to Mumbai Nasik Expressway: ITAT allows 25% Depreciation on Expenditure incurred for Development of Roads [Read Order]
In a major relief to M/s Mumbai Nasik Expressway, the Mumbai Bench of Income Tax Appellate Tribunal (ITAT) allowed 25% depreciation regarding...