22 November 2021


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ITAT, Delhi: License Fee Paid to Indian Railway Allowable as Depreciation - 18.02.2020

Income Tax Appellate Tribunal (ITAT), Delhi has held that depreciation under section 32 of the Income Tax Act, 1961 is allowable in respect of the amount paid as a license fee to the Indian Railway.

Tags : Income Tax Appellate Tribunal License Fee Paid to Indian Railway

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