60 results for “depreciation”+ Section 45(4)clear
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In the result, appeal of the assessee is allowed
Bench: Shri Pawan Singh & Dr. Arjun Lal Saini
depreciation of Rs. 1,94,778/-.The Assessing Officer re-opened the assessment for this year by recording the reasons that in case of assessee for AY 2009-10, the assessment under section 143(3) was completed on 30.12.2011. As per the same, deduction claimed under section 80IA was disallowed and assessee did not fulfil the perquisite the claiming