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2019 (3) TMI 1404 - KERALA HIGH COURTRevision Petition u/s 264 - petitioner's claim for depreciation is reflected in the return but not in the schedule - HELD THAT:- Revised return ought to have been entertained. There is no scope for, in fact, filing a revision as rightly pointed out by the Commissioner. Nevertheless, what assumes importance is that in the factor of claim made by the petitioner in regard to depreciation. Therefore, revised return shall be accepted and appropriate order shall be passed, taking note of the claim for depreciation made by the petitioner, after affording an opportunity of being heard to the petitioner, within a period of two months from the date of receipt of a copy of this judgment. Till the revised order is passed, any demand based on the return shall not be enforced.
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