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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - AO found depreciation to be ...

Income Tax

July 14, 2014

Reopening of assessment u/s 147 - AO found depreciation to be excessive on the basis of tax audit report, the eligible depreciation certified by the tax auditor differed from the amount that was actually allowed in the assessment order - reassessment upheld - AT

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