THE COMMISSIONER OF INCOME TAX vs. M/S BPL SANYO FINANCE LTD
In the result, the appeal filed by the revenue is
ITA/652/2006HC Karnataka11 Sept 2013
Bench: The Tribunal Was Arising From The Order Dated 4Th June 2004 Passed By The Commissioner Of Income Tax (Appeals) Bangalore (For Short “The
Section 115JSection 133Section 139Section 139(5)Section 143(1)Section 143(3)Section 260ASection 271Section 271(1)Section 271(1)(c)
139(5) of
the Act filed revised returns on 18th January 1999 seeking
correction of the rate of depreciation, from 40%, as claimed in
the original returns, to 20% on the leased vehicles. The AO
concluded the assessment accepting the correction in respect of
the rate of depreciation, as claimed in the revised returns.
Thus, till
