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Income Tax - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Revision u/s 263 - claim for depreciation on the leasehold ...

Income Tax

August 5, 2020

Revision u/s 263 - claim for depreciation on the leasehold rights - claim of depreciation of capitalized amount of stamp duty Paid - Allowing of the assessee’s claim for depreciation on the stamp duty expenses (pending registration) by the A.O cannot be held to a possible view in law, therefore, no infirmity arises from the order passed by the Pr. CIT u/s 263 - AT

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