Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Disallowance of depreciation - asset ready to use VS put to use - the use of the plant and machinery depended upon the operation of the furnace which was not put to use before 30th September 2010, hence No ambiguity that the plant & machinery under question were not put to use before 30th September - entitled to depreciation at the rate of 50%
Disallowance of depreciation - asset ready to use VS put to use - the use of the plant and machinery depended upon the operation of the furnace which was not put to use before 30th September 2010, hence No ambiguity that the plant & machinery under question were not put to use before 30th September - entitled to depreciation at the rate of 50%
Note: It is a system-generated summary and is for quick reference only.