https://www.taxtmi.com/highlights?id=53519 License/registration fee paid - whether is a commercial right and in the nature of an asset within the meaning of section 32(1)(ii) and the assessee is entitled to claim depreciation thereon? - the Revenue has been accepting the capitalization of special Dunnage and allowing depreciation @ 16% per annum over the period of life expectancy of such Dunnage. en-us Thu, 28 May 2020 11:23:13 +0530 Thu, 28 May 2020 11:23:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53519 License/registration fee paid - whether is a commercial right and in the nature of an asset within the meaning of section 32(1)(ii) and the assessee is entitled to claim depreciation thereon? - the Revenue has been accepting the capitalization of special Dunnage and allowing depreciation @ 16% per annum over the period of life expectancy of such Dunnage. Highlights Income Tax Thu, 28 May 2020 11:23:13 +0530 https://www.taxtmi.com/highlights?id=53519