https://www.taxtmi.com/forum/issue?id=120399 The shop premises must be treated as a depreciable asset for capital gains computation because, under the presumptive taxation framework, the written down value of assets is deemed to have been calculated and depreciation deemed allowed, even if separate depreciation was not shown in earlier returns. en-us Thu, 28 Aug 2025 10:37:27 +0530 Mon, 01 Sep 2025 05:04:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120399 The shop premises must be treated as a depreciable asset for capital gains computation because, under the presumptive taxation framework, the written down value of assets is deemed to have been calculated and depreciation deemed allowed, even if separate depreciation was not shown in earlier returns. Discussion-Forum Income Tax Thu, 28 Aug 2025 10:37:27 +0530 https://www.taxtmi.com/forum/issue?id=120399