108 results for “depreciation”+ Section 9(1)(i)clear
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In the result, ITA No. 261/Asr/2022 is dismissed and ITA No
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfilment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable