CLASSIC LINEN INTERNATIONAL PVT LTD.,CHENNAI vs. DCIT CORPORATE CIRCLE 1(2), CHENNAI
In the result, the appeal filed by assessee in iTA
ITA 2406/CHNY/2017[2011-12]Status: DisposedITAT Chennai11 Dec 2019AY 2011-12
Bench: Shri N.R.S. Ganesan & Shri Ramit Kochar"नधा$रण वष$ /Assessment Year: 2011-12
For Respondent: 16.09.2019
Section 100Section 10ASection 143(2)Section 143(3)Section 40
80J in relation to the profits and gains of the industrial under-taking; and
(iv) in computing the depreciation allowance under section 32, the written down value of any asset used for the purposes of the business of the industrial undertaking shall be computed as if the assessee had claimed and been actually allowed the deduc-tion in respect