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1972 (8) TMI 23 - HC - Income TaxMysore Agricultural Income Tax Act - For the assessment year 1967-68, the respondent made an order of assessment on the petitioner on March 11, 1968. While determining the taxable income for the assessment year, certain depreciation allowances on the assets of the petitioner were allowed. The said order of assessment was rectified by the respondent in exercise of the powers vested under section 37 of the Act by his order dated May 28, 1971 The said order has been challenged in this writ petition on several grounds. One of the grounds was that the petitioner was not afforded an opportunity of being heard before making an order of rectification. The second ground was that the view of the law taken by the respondent with regard to the allowance of initial depreciation is patently erroneous
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