Tag Archives: Neeraj Agarwala

Investments into oil and gas blocks eligible for depreciation: CBDT- Neeraj Agarwala

Investors are eligible for claiming depreciation on the amount spent on buying oil and gas blocks after adjusting for the cost of tangible assets, the government has said in a circular issued to clarify the treatment of investments into India’s energy assets.

Neeraj Agarwala, Partner shares his views on aforementioned story for following publications:

· Livemint- Standalone story
· Hindu Business Line- Standalone story
Investments into oil and gas blocks eligible for depreciation