LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Depreciation

(Querist) 05 August 2009 This query is : Resolved 
Any Vehicle received from acompany as a part of sales incentive and shown the same as income by crediting it to P & L A/c. Whether depreciation is allowable as per the decision of Webb's Agricultural Automobile Inds vs ITO reported in 47 CTR(Trib) Bang/839 . please update me on any other recent judgement in this regard.
rishi kumar garg (Querist) 05 August 2009
Please update me soon


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :