https://www.taxtmi.com/caselaws?id=168665 A payment made for services connected with obtaining plans, permissions, permits, materials, import licences and foreign exchange for depreciable assets may, to the extent attributable to those services, be included in the assets' actual cost for depreciation under section 10(2)(vi) read with section 10(5) of the Indian Income-tax Act, 1922. The fact that the remuneration was initially linked to gross annual income, or later commuted into a lump sum under a substituted arrangement, did not alter the character of the attributable portion as part of actual cost. Exact apportionment and timing of allowance depended on the facts. en-us Tue, 07 Aug 1962 00:00:00 +0530 Thu, 19 Mar 2015 18:44:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168665 A payment made for services connected with obtaining plans, permissions, permits, materials, import licences and foreign exchange for depreciable assets may, to the extent attributable to those services, be included in the assets' actual cost for depreciation under section 10(2)(vi) read with section 10(5) of the Indian Income-tax Act, 1922. The fact that the remuneration was initially linked to gross annual income, or later commuted into a lump sum under a substituted arrangement, did not alter the character of the attributable portion as part of actual cost. Exact apportionment and timing of allowance depended on the facts. Case-Laws Income Tax Tue, 07 Aug 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168665