https://www.taxtmi.com/caselaws?id=14613 Registration of a charge with the Registrar of Companies under the Companies Act can be sufficient to establish a valid charge over company immovable property for relief under section 40A(8), even if the deed is not separately registered under the Registration Act. Interest paid under a deferred payment scheme for purchase of plant and machinery may also be included in the actual cost of the asset for depreciation, investment allowance and additional depreciation where the governing precedent applies. The note records that one issue was resolved in favour of the assessee and the other in favour of the Revenue. en-us Thu, 22 Apr 1999 00:00:00 +0530 Fri, 17 Jul 2009 15:38:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14613 Registration of a charge with the Registrar of Companies under the Companies Act can be sufficient to establish a valid charge over company immovable property for relief under section 40A(8), even if the deed is not separately registered under the Registration Act. Interest paid under a deferred payment scheme for purchase of plant and machinery may also be included in the actual cost of the asset for depreciation, investment allowance and additional depreciation where the governing precedent applies. The note records that one issue was resolved in favour of the assessee and the other in favour of the Revenue. Case-Laws Income Tax Thu, 22 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14613