The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the assessee is not eligible to claim depreciation on office premises granted on the lease as business expenditure if it is already assessed as income from house property against which statutory deduction under section 24 is already allowed. The assessee is a […]
The post Depreciation not allowable on Office Premises Let Out If It is already assessed as House Property Income: ITAT appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws http://bit.ly/2Fuuh5y
No comments:
Post a Comment