5 results for “depreciation”+ Section 43clear
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In the result, the appeal of the assessee is allowed
depreciation is not genuine. (iv) The assessee's claim of allow-ability of expenses amounting to Rs.2,74,500/-, addition on account of which was made in the draft assessment order owing to claim of expenses which were found to be not pertaining to the year under consideration i.e. F.Y. 2011-12, was examined and not found acceptable. Vide reply