Electricity network contributions remain revenue expenditure where ownership and maintenance stay with the electricity board, supporting business prof...
Depreciation on intangible assets being “business and commercial rights” - payment made by the assessee in the form of compensation for acquiring mining rights in the land is intangible assets and hence depreciation is allowed.
Depreciation on intangible assets being “business and commercial rights” - payment made by the assessee in the form of compensation for acquiring mining rights in the land is intangible assets and hence depreciation is allowed.
Note: It is a system-generated summary and is for quick reference only.
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