Monday, May 4, 2015

[aaykarbhavan] Depreciation available on machinery even if it is installed for trial run and not for production of goods



Depreciation available on machinery even if it is installed for trial run and not for production of goods

May 4, 2015[2015] 56 taxmann.com 333 (Delhi)
IT : Even though machinery was installed before end of financial year and used only for trial run and not for production, depreciation on machinery would be allowed
 
Regards
Prarthana Jalan


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


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