4 results for “reassessment”+ Depreciationclear
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Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Us
depreciation claimed at Rs.4,28,602/- is correctly allowed in accordance with law and there is no scope to excessive power u/s 263 of I.T. Act 1961. 6. The Hon'ble Pr. CIT-2, Jabalpur has set aside the assessment framed u/s 143(3) r.w.s. 147 despite of the fact findi ngs recorded by A.O. in reassessment