Thursday, March 19, 2015

[aaykarbhavan] Swimming pool of hotel couldn't be treated as plant and machinery for depreciation purposes



 

Swimming pool of hotel couldn't be treated as plant and machinery for depreciation purposes

March 19, 2015[2015] 55 taxmann.com 186 (Gujarat)
IT: A hotel is not entitled to depreciation on swimming pool at rate of 33.33 per cent by treating it as plant and machinery
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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