Reopening of assessment - the revised claim represents, by the ...

Taxpayer's Revised Depreciation Claim Acknowledged; AO Not Required to Form Opinion on Legal Permissibility.

July 8, 2015

Case Laws Income Tax AT

Reopening of assessment - the revised claim represents, by the assessee’s own admission, the correct claim of depreciation. Whether legally permissible or not, the AO is not constrained to take cognizance thereof or form an opinion on its basis; the sole criteria being its relevancy and credibility - AT

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Reopening of assessment - the revised claim represents, by the ...

Taxpayer's Revised Depreciation Claim Acknowledged; AO Not Required to Form Opinion on Legal Permissibility.

July 8, 2015

Case Laws Income Tax AT

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