TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Hotel Building as Plant: High Court affirms depreciation eligibility under IT Act</h1> The High Court of Madhya Pradesh ruled in favor of the assessee in a reference under the IT Act, 1961, regarding depreciation on a hotel building treated ... Depreciation, Plant, Hotel Building The High Court of Madhya Pradesh ruled in favor of the assessee in a reference under the IT Act, 1961, regarding depreciation on a hotel building treated as a plant. The Tribunal held that a hotel can be considered a plant for depreciation purposes based on relevant case law, including the decision in CIT vs. Taj Mahal Hotel. The Court upheld the Tribunal's decision, stating that the view taken was justified, and answered the question in favor of the assessee and against the Revenue.
TaxTMI 
TaxTMI 
