PALIWAL OVERSEAS PVT. LTD.,PANIPAT vs. DCIT, CIRCLE, PANIPAT
In the result, Revenue’s appeal being ITA No
ITA 5878/DEL/2017[2011-12]Status: DisposedITAT Delhi27 Sept 2023AY 2011-12
Bench: Shri Kul Bharat & Shri Pradip Kumar Kediaassessment Year: 2011-12
Section 36
house property’.
24.1 The AO also noticed that the assessee had claimed depreciation on entire
property at B-14, Greater Kailash, Part-I, New Delhi at Rs. 12,16,677/-.
Considering that the entire was not being used for the business of the assessee and
at least half of it was in occupation of group concerns, the AO disallowed