Assessee Entitled to Depreciation on Imported Cars Acquired Post-Amalgamation After April 1, 2001 Cut-Off Date.

Assessee Entitled to Depreciation on Imported Cars Acquired Post-Amalgamation After April 1, 2001 Cut-Off Date. https://www.taxtmi.com/highlights?id=14957 Depreciation on imported cars - amalgamation / merger - Respondent assessee had acquired the asset i.e. imported cars after the cut off date i.e. 1st April, 2001 and, therefore, is entitled to depreciation - HC en-us Tue, 08 Oct 2013 18:38:46 +0530 Tue, 08 Oct 2013 18:38:46 +0530 TaxTMI RSS Generator Assessee Entitled to Depreciation on Imported Cars Acquired Post-Amalgamation After April 1, 2001 Cut-Off Date. https://www.taxtmi.com/highlights?id=14957 Depreciation on imported cars - amalgamation / merger - Respondent assessee had acquired the asset i.e. imported cars after the cut off date i.e. 1st April, 2001 and, therefore, is entitled to depreciation - HC Highlights Income Tax Tue, 08 Oct 2013 18:38:46 +0530 https://www.taxtmi.com/highlights?id=14957