2 results for “depreciation”+ Block Assessmentclear
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Bench: Shri Laliet Kumar & Dr. Mitha Lal Meena
assessment proceedings AO would have carried out detailed investigation in respect of purchases, sundry creditors and other expenses, as was done in the A.Y. 2010-11. It is a matter of fact that assessee has not been maintaining proper bills and vouchers, hence by agreeing to such addition, assessee created the circumstances to block the further investigations in the case