The Income Tax Appellate Tribunal (ITAT), Delhi Bench directed AO to allow depreciation on the actual cost of assets without reducing the amount of subsidy to Nestle India. The assessee company, Nestle India is a manufacturer of a wide range of food items covering beverages, baby food powders, chocolates and confectionery, culinary products, etc. The […]
from Taxscan | Simplifying Tax Laws https://ift.tt/2EcpA2v
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