Once the assessee has claimed the standard deduction in relation to the leased property which includes furniture and fixtures, the assessee is not entitled to further depreciation on such leased asset. - AT
Once the assessee has claimed the standard deduction in relation to the leased property which includes furniture and fixtures, the assessee is not entitled to further depreciation on such leased asset. - AT
Note: It is a system-generated summary and is for quick reference only.