Depreciation Actually Allowed - Definition - Law Dictionary Home Dictionary Definition depreciation-actually-allowed

Definition :

Depreciation actually allowed, the expression 'all depreciation actually allowed under any laws or rules', and the expression 'actually allowed' is unambiguous and connotes the idea that the allowance was actually given effect to, C.I.T. v. Straw Products Ltd., AIR 1966 SC 1113: (1962) 2 SCR 881