https://www.taxtmi.com/highlights?id=22548 Disallowance of depreciation on Foreign exchange (forex) loss on the payment of model fees, which was capitalized - not considering the adjusted cost as the cost of acquisition of capital asset for allowing depreciation, results into distortion of the provisions of section 43A, which is impermissible - AT en-us Fri, 17 Apr 2015 13:20:11 +0530 Fri, 17 Apr 2015 13:20:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22548 Disallowance of depreciation on Foreign exchange (forex) loss on the payment of model fees, which was capitalized - not considering the adjusted cost as the cost of acquisition of capital asset for allowing depreciation, results into distortion of the provisions of section 43A, which is impermissible - AT Highlights Income Tax Fri, 17 Apr 2015 13:20:11 +0530 https://www.taxtmi.com/highlights?id=22548