Amortization of de-merger expenses claimed by the assessee u/s. ...

Revenue Cannot Alter De-Merger Expense Amortization Claim Once Allowed u/s 35DD Without Factual Change.

June 12, 2020

Case Laws Income Tax AT

Amortization of de-merger expenses claimed by the assessee u/s. 35DD - the deduction u/s 35DD of the Act is a continuing one and when the said deduction was allowed in the initial year of claim, then in absence of change in the factual matrix, the Revenue could not disturb the continuing claim in the subsequent years.

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Amortization of de-merger expenses claimed by the assessee u/s. ...

Revenue Cannot Alter De-Merger Expense Amortization Claim Once Allowed u/s 35DD Without Factual Change.

June 12, 2020

Case Laws Income Tax AT

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