Depreciation disallowance - asset were not used during the ...

Income Tax

June 29, 2023

Depreciation disallowance - asset were not used during the period - production and business activity of the assessee company was stopped - AO observed that, the assessee-company had no business and manufacturing activity from which revenue could be earned - Depreciation cannot be allowed - AT

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Depreciation disallowance - asset were not used during the ...

Income Tax

June 29, 2023

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