5 results for “depreciation”+ Section 94(7)clear
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Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
94,104, by disallowing interest on TDS and depreciation. 4. The Assessing Officer made addition in respect to disallowance of interest on TDS and depreciation as discussed in the assessment order. The Assessing Officer also initiated penalty proceeding under section 270A of the Act against the disallowance made in the assessment order on account of underreporting of income