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2020 (2) TMI 491 - DELHI HIGH COURTUnabsorbed depreciation claimed u/s 32(2) - Claim beyond the period of eight years - Tribunal deleted the addition - HELD THAT:- ITAT has placed reliance on two decisions, namely the decision of the Gujarat High Court in M/s General Motors India Pvt. Ltd. Vs. DCIT, [2012 (8) TMI 714 - GUJARAT HIGH COURT] which has been followed by this Court in Motor & General Finance Limited Vs. ITO [2017 (5) TMI 637 - DELHI HIGH COURT] this Court has also considered the said issued in PCIT-2 Vs. British Motor Car Co. (1934) Limite d, [2018 (1) TMI 547 - DELHI HIGH COURT] thereby holding in favour of the assessee that the assessee is entitled to avail of the unabsorbed depreciation beyond the period of eight years which was prescribed under the unamended Section 32 of the Act. No substantial question of law arises
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