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Income Tax - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Addition of the depreciation from contract income and Tripper ...

Case Laws     Income Tax

December 4, 2021

Addition of the depreciation from contract income and Tripper income - claim not made by the assessee in his return of income since assessee had shown his income under the presumptive taxation u/s. 44AD and 44AE - the AO erroneously without application of mind has assumed that assessee has claimed depreciation which fact has not been examined properly by the Ld. CIT(A) while passing the impugned order - Additions to be deleted - AT

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