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Income Tax | Depreciation Allowed on 24-Year Highway Toll Collection Licence: ITAT Mumbai

26 Sept 2026 · 1d agoBy CA Vijayakumar ShettySource: TaxGuru

Mumbai ITAT quashes Section 263 revision and holds BOT concession licence and toll collection right eligible for depreciation under Section 32(1)(ii). The post Depreciation Allowed on 24-Year Highway Toll Collection Licence: ITAT Mumbai appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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