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Bangalore International Airport Ltd. v. Dy. CIT (2023)457 ITR 229/146 taxmann.com 206 / 335 CTR 586(Karn)(HC)

S. 32 : Depreciation-Intangible asset-Leasehold right-Depreciation is allowable.

Held that depreciation is allowable on the expenditure incurred in acquiring leasehold rights. (AY.2010-11)