https://www.taxtmi.com/highlights?id=27315 Revision u/s 263 - commission paid to the MD to be disallowed - Even though it has not claimed 100% of the quantum of the value of assets due to the fact that the assets were acquired and utilized less than 180 days, it was eligible for only 50% of the rate of depreciation. Again, it cannot claim the additional depreciation u/s 32(1)(iia) - AT en-us Sat, 13 Feb 2016 10:51:37 +0530 Sat, 13 Feb 2016 10:51:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27315 Revision u/s 263 - commission paid to the MD to be disallowed - Even though it has not claimed 100% of the quantum of the value of assets due to the fact that the assets were acquired and utilized less than 180 days, it was eligible for only 50% of the rate of depreciation. Again, it cannot claim the additional depreciation u/s 32(1)(iia) - AT Highlights Income Tax Sat, 13 Feb 2016 10:51:37 +0530 https://www.taxtmi.com/highlights?id=27315