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Ask your queries or reply to others' queries => Discussion => Topic started by: subash agarwal on May 10, 2020, 05:06:43 PM

Title: Three legal issues answered
Post by: subash agarwal on May 10, 2020, 05:06:43 PM
FROM MY ARCHIVES-ITAT, KOLKATA UNREPORTED DECISIONS ( Part 5)

https://subashagarwal.blogspot.com/search/label/FROM%20MY%20ARCHIVES-%20USEFUL%20ITAT

Three legal issues answered -

1)Whether where genuineness of payments made to the party is not doubted by the Revenue, the provisions of section 40A(3) could be made applicable ?

2)Whether stamp duty and registration charges paid on acquiring leasehold premises for showrooms are allowable as revenue expenditure ?

3)Whether depreciation of scanner and router is to be charged at the reate applicable to computers i.e @60% .