D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

property\nbelongs to the Lessor and not to the assessee and the assessee cannot\nclaim depreciation also. Therefore, we do not find any infirmity in the\norder of the Ld. CIT(A) who has confirmed 10% of the overall expenses\non estimated basis and granted relief in respect of the rest of the amount\nas the Ld. AO has himself

D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

In the result, the appeal filed by the Revenue in ITA No

property\nbelongs to the Lessor and not to the assessee and the assessee cannot\nclaim depreciation also. Therefore, we do not find any infirmity in the\norder of the Ld. CIT(A) who has confirmed 10% of the overall expenses\non estimated basis and granted relief in respect of the rest of the amount\nas the Ld. AO has himself

D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

In the result, the appeal filed by the Revenue in ITA No

property\nbelongs to the Lessor and not to the assessee and the assessee cannot\nclaim depreciation also. Therefore, we do not find any infirmity in the\norder of the Ld. CIT(A) who has confirmed 10% of the overall expenses\non estimated basis and granted relief in respect of the rest of the amount\nas the Ld. AO has himself

D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

property belongs to\nthe Lessor and not to the assessee. The assessee can not claim depreciation\nalso. Considering the factual position, we are of the view that order passed\nby the Id CIT (A) does not contain any infirmity. Therefore, we confirm the\norder of ld. CIT(A). and Ground No. 2 of the appeal is\ndismissed.\n8. Ground