Depreciation of leased assets - since the claim was not raised ...
Depreciation Claim Denied: Not Raised Due to Negligence and Absent from Profit and Loss Account During Assessment.
December 1, 2018
Case Laws Income Tax HC
Depreciation of leased assets - since the claim was not raised due to sheer negligence and it had not even figured in the profit and loss account. It was not the subject matter of assessment - Claim not allowed.
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