High Court rules in favor of assessee on subsidy treatment for depreciation & investment allowance The High Court of Karnataka ruled in favor of the assessee regarding the treatment of subsidy received for depreciation and investment allowance, based on ...
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High Court rules in favor of assessee on subsidy treatment for depreciation & investment allowance
The High Court of Karnataka ruled in favor of the assessee regarding the treatment of subsidy received for depreciation and investment allowance, based on a previous court decision. The question was answered in the affirmative for the assessee.
The High Court of Karnataka ruled in favor of the assessee regarding the treatment of subsidy received for depreciation and investment allowance, based on a previous court decision. The question was answered in the affirmative for the assessee. (Case citation: 1992 (3) TMI 28 - KARNATAKA High Court)
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