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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Disallowance of depreciation ETP plant - Merely because a bill ...

Income Tax

August 8, 2019

Disallowance of depreciation ETP plant - Merely because a bill submitted by the assessee was bogus or fabricated cannot negate the other evidences such as the inspection carried out after repair of the ETP plant by the officials of the MPCB, carriage of the various parts of the plant through transporters from Delhi to Aurangabad, payments made through banking Channel etc. - depreciation allowable

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