Investment allowance u/s. 32AC(1A) - Investment in new plant or ...

Investment Allowance Approved: Section 32AC(1A) Claim Granted Despite Limited Investigation by Assessing Officer.

December 29, 2022

Case Laws Income Tax AT

Investment allowance u/s. 32AC(1A) - Investment in new plant or machinery. - A.O. in the present case has only relied on the audited P & L account, balance sheet and the return of income of the assessee and has not gone beyond to enquire into the credibility of the documentary evidences furnished by the assessee to substantiate its claim. - Claim allowed - AT

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Investment allowance u/s. 32AC(1A) - Investment in new plant or ...

Investment Allowance Approved: Section 32AC(1A) Claim Granted Despite Limited Investigation by Assessing Officer.

December 29, 2022

Case Laws Income Tax AT

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