http://ift.tt/eA8V8J
It is an admitted position that the assessee treated the amount of subsidy as a capital receipt, but, did not reduce it from the value of fixed assets and eventually claimed depreciation on the higher value of assets without reduction of such subsidy. To deal with such a situation, the Finance Act, 2015, w.e.f. 1-4-2016, […]
April 23, 2017 at 12:01PM
from CA Sandeep Kanoi
No comments:
Post a Comment