https://www.taxtmi.com/highlights?id=48474 Depreciation on toll way rights u/s 32(1)(ii) @ 25% - expenditure incurred by the assessee for construction of road under BOT contract by the Government of India has given rise to an intangible asset as defined under Explanation 3(b) r/w section 32(1)(ii) - assessee is eligible for depreciation @ 25% en-us Wed, 07 Aug 2019 09:24:11 +0530 Wed, 07 Aug 2019 09:24:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48474 Depreciation on toll way rights u/s 32(1)(ii) @ 25% - expenditure incurred by the assessee for construction of road under BOT contract by the Government of India has given rise to an intangible asset as defined under Explanation 3(b) r/w section 32(1)(ii) - assessee is eligible for depreciation @ 25% Highlights Income Tax Wed, 07 Aug 2019 09:24:11 +0530 https://www.taxtmi.com/highlights?id=48474