2 results for “disallowance”+ Section 256(2)clear
Sorted by relevance
In the result, the appeal of the assessee is partly allowed
Bench: Shri R.K. Panda & Shri V.P. Raoassessment Years: 2016-17
2,65,85,446, the appellant submits that the aforesaid difference is on account of the fact that the appellant had capitalised certain costs as part of the cost of the fixed assets and appellant had claimed depreciation thereon. However, the tax auditor in the Tax Audit Report considered this asrevenue in nature.In this regard, the appellant submits that even