Tax Guru

Lower of book loss or unabsorbed depreciation to be set off against book profits as per section 115JB

ITAT Delhi held that as per the MAT provisions of section 115JB of the Income Tax Act the lower of book losses or unabsorbed ...
Tax Guru

ITAT Mumbai Upholds Depreciation on Goodwill Arising from Amalgamation

ITAT Mumbai dismisses Revenues appeal, ruling that Goodwill from a High Court-approved amalgamation is a depreciable intangible asset under Section 32, rejecting the claim that it represents ...
Times Union

2025 Tax Code 179, Bonus Depreciation, and Interest Write-Off Guide

Friends, we have been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. I encourage you to reach out to one of our Certified Car Pro Dealers at a CarPro ...
SFGate

2022 Tax Code 179 and Bonus Depreciation Guide For Self-Employed and Business Owners

IMPORTANT MESSAGE TO ALL CARPRO SHOW LISTENERS FROM JERRY REYNOLDS, THE CAR PRO: Friends, we've been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. Many of ...