Depreciation on opening written-down value remains available where prior allowance and asset-block treatment continue without change in facts.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Depreciation on the opening written down value of intangible digital platform assets is discussed in the context of prior-year allowance, unchanged facts and law, and the rule that block value may be reduced only as legally prescribed. Period-based subscription receipts are addressed through recognition over the service period, with prior-year advances taxed when services are rendered and further inclusion risking double taxation. Interest on borrowings assumed in a going-concern slump sale is considered business-connected; related-party disallowance requires a finding that expenditure is excessive or unreasonable.....