2015 (11) TMI 397 - SC ORDER

Additional depreciation - denial of claim as the assessee has failed to furnish form 3AA along with the return of income - Held that:- Even if form 3AA was not filed along with return of income but the same was filed during the assessment proceedings and before the final order of the assessment was made that would amount to sufficient compliance. It is not in dispute that the assessee is entitled to the additional depreciation - Decided in favour of assessee.