Depreciation Rate for Computer and Related Devices

Samiksha UniyalLaw

Depreciation Rate for Computer and Related Devices

Benjamin Franklin has rightly said – Nothing is certain except death and taxes. While no one can run away from taxes, one can always try to decrease the total tax liability. Depreciation rate allowance is one of the ways to reduce … Read More

CIT v. Kumudam Publications Pvt. Ltd.

Anshika DhawanCase Summary

CIT v. Kumudam Publications Pvt. Ltd. ITA 2358/CHNY/2014 In the Income Tax Appellate Tribunal at Chennai Before Mr NRS Ganesan, Judicial Member and Mr AP George, Administrative Member Decided on February 12, 2019 Relevancy of the case: Whether LED panel … Read More