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Depreciation
Allowance of Additional Depreciation of Oil Well u/s 32(1) (iia) of Income Tax Act: Gujarat HC dismisses Revenue’s Appeal [Read Order]
June 30, 2024
ITAT allows Depreciation claim u/s 80IC for Building, Factory, Furniture and Plant Machinery Blocks [Read Order]
March 26, 2024
Failure to provide details for Commissioning of Assets on different dates to compute Depreciation: ITAT dismisses Appeal [Read Order]
January 5, 2024
[BREAKING] Supreme Court upholds Adoption of Written Down Value Method for Computing Depreciation of Assets used by Jindal Steel & Power for Power Generation [Read Order]
December 7, 2023
ITAT allows Carry Forward of Unabsorbed Depreciation Pertaining to AY.s 1997-98 to 2000-01 for Unrestricted Set off [Read Order]
November 13, 2023
Depreciation on Software calculated at Rate of 25% Instead of 60%: Delhi HC upholds Deletion of Disallowance under Income Tax Act [Read Order]
November 3, 2023
Software being an integral part, shall be eligible for same rate of Depreciation as applicable to Computer System: ITAT grants relief to Caterpillar India [Read Order]
October 15, 2023
Depreciation cannot be claimed on Hired Vehicle used in Mining Contract: ITAT upholds Revision Order
October 10, 2023
Maximum Depreciation allowable on Imported Second-Hand Machines is 70%: CESTAT [Read Order]
October 4, 2023
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