Friday, April 11, 2014

[aaykarbhavan] Assessee-co. could claim depreciation on construction of highways on BOT basis even if it was legally owned by NHAI



Assessee-co. could claim depreciation on construction of highways on BOT basis even if it was legally owned by NHAI

April 11, 2014[2014] 43 taxmann.com 252 (Hyderabad - Trib.)
IT: Road constructed by assessee on BOT basis is eligible for depreciation even though he is not legal owner of the road
 
Regards
Prarthana Jalan


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