Taxpayer Claims Higher Deduction u/s 80IA After Depreciation on Commercial Vehicles Reduced from 30% to 15.

Taxpayer Claims Higher Deduction u/s 80IA After Depreciation on Commercial Vehicles Reduced from 30% to 15. https://www.taxtmi.com/highlights?id=39714 Deduction u/s 80IA - claim of higher depreciation from 30% to 15% on commercial vehicles - this depreciation is related to B.T.Road Project. Hence the disallowance of depreciation of 15% would only go to increase the profits of B.T.Road Project and consequentially the assessee would be entitled for higher claim of deduction u/s 80IA - AT en-us Mon, 04 Jun 2018 07:45:02 +0530 Mon, 04 Jun 2018 07:45:02 +0530 TaxTMI RSS Generator Taxpayer Claims Higher Deduction u/s 80IA After Depreciation on Commercial Vehicles Reduced from 30% to 15. https://www.taxtmi.com/highlights?id=39714 Deduction u/s 80IA - claim of higher depreciation from 30% to 15% on commercial vehicles - this depreciation is related to B.T.Road Project. Hence the disallowance of depreciation of 15% would only go to increase the profits of B.T.Road Project and consequentially the assessee would be entitled for higher claim of deduction u/s 80IA - AT Highlights Income Tax Mon, 04 Jun 2018 07:45:02 +0530 https://www.taxtmi.com/highlights?id=39714