Where depreciation was allowed after verification, assessment could not be reopened claiming that depreciation was wrongly claimed on closed down unit.
Refer:[2016] 72 taxmann.com 333 (Gujarat)
Refer:[2016] 72 taxmann.com 333 (Gujarat)
Compliances and Tax information
feature
Income Tax
No reassessment to disallow deprecation which was wrongly allowed at assessment stage after proper verification
Subscribe to:
Post Comments (Atom)