Taxpayer Allowed Depreciation on Intellectual Property Rights Used During the Year, No Evidence to Deny Usage Claim.

Taxpayer Allowed Depreciation on Intellectual Property Rights Used During the Year, No Evidence to Deny Usage Claim. https://www.taxtmi.com/highlights?id=40696 Depreciation on intellectual property rights (IPR) acquired and purchased by the assessee - There cannot be a ground and reason to hold that the assessee had not “put to use” the intellectual property rights assets in the year in question. en-us Mon, 06 Aug 2018 08:01:34 +0530 Mon, 06 Aug 2018 08:01:34 +0530 TaxTMI RSS Generator Taxpayer Allowed Depreciation on Intellectual Property Rights Used During the Year, No Evidence to Deny Usage Claim. https://www.taxtmi.com/highlights?id=40696 Depreciation on intellectual property rights (IPR) acquired and purchased by the assessee - There cannot be a ground and reason to hold that the assessee had not “put to use” the intellectual property rights assets in the year in question. Highlights Income Tax Mon, 06 Aug 2018 08:01:34 +0530 https://www.taxtmi.com/highlights?id=40696