8 results for “depreciation”+ Section 44Dclear
Sorted by relevance
In the result appeals of the Assessee and the Revenue are partly allowed
Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03
depreciation not relating to trading activities of the assessee's business for calculating indirect cost of trading exports while calculating deduction u/s 80HHC of the Income Tax Act, 1961. 8.2 The A.O. noted that for computing deduction u/s 80HHC the assessee considered costs which were claimed to be directly relatable to trading goods as direct cost of trading goods