Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2012 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (7) TMI 261 - CESTAT, MUMBAINo Cenvat credit can be taken if a manufacturer claims depreciation under the Income Tax Act - Held that:- The assessee submission that he had filed a revised Income Tax Return and in that he had not claimed the depreciation - Since it is not clear from this record whether the revised return is accepted by the Income Tax authority the matter is remanded back to the adjudicating authority to decide the issue afresh after taking into consideration the assessment order passed on the revised Income Tax Return - in favour of assessee by way of remand.
|