Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
The depreciation is allowed by the government to give part of the profit to the businessman and he can make another plant and machinery at the end of the old machinery life to continue his business. - AT
The depreciation is allowed by the government to give part of the profit to the businessman and he can make another plant and machinery at the end of the old machinery life to continue his business. - AT
Note: It is a system-generated summary and is for quick reference only.