ITAT Approves 100% Depreciation on Machinery Replacements, Missing from Company's Annual Report, Raising Benefit Concerns. https://www.taxtmi.com/highlights?id=22244 Expenditure on replacement of plant and machinery - ITAT allowed depreciation at 100% on the specified items - claim which was not reflected in the Annual Report given to shareholders and Company Law Board is clearly an afterthought with an intention to avail greater benefit - HC en-us Thu, 26 Mar 2015 09:55:08 +0530 Thu, 26 Mar 2015 09:55:08 +0530 TaxTMI RSS Generator ITAT Approves 100% Depreciation on Machinery Replacements, Missing from Company's Annual Report, Raising Benefit Concerns. https://www.taxtmi.com/highlights?id=22244 Expenditure on replacement of plant and machinery - ITAT allowed depreciation at 100% on the specified items - claim which was not reflected in the Annual Report given to shareholders and Company Law Board is clearly an afterthought with an intention to avail greater benefit - HC Highlights Income Tax Thu, 26 Mar 2015 09:55:08 +0530 https://www.taxtmi.com/highlights?id=22244