Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2005 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2005 (4) TMI 517 - AT - Income TaxExtract: .......We do so. Accordingly, we hold that it is not open to the Assessing Officer to thrust depreciation allowance while computing deduction under section 80-IA of the Income-tax Act, 1961, in a case where the assessee has not claimed the depreciation in the books of account. The assessee gets relief accordingly. 11. In the result, the appeal is allowed.
|