Depreciable asset is short-term asset, eligible for exemption : SC
Depreciable asset is short-term asset, eligible for exemption: The Supreme Court of India held that even though a depreciable asset is treated as a short-term asset, it is eligible for an exemption under a special provision for computing capital gains of depreciable assets. T The case is:V.S. Dempo Company Ltd. Download Full report of KPMG Depreciable asset is… Read More »