THE COMMISSIONER OF INCOME TAX-III vs. M/S. SOMA ENTERPRISES LTD
The appeal is disposed off accordingly
ITTA/209/2010HC Telangana16 Jul 2025
Bench: The Hon'Ble Mr. Justice Ravi Malimath
Section 11Section 12ASection 133ASection 143(1)Section 143(2)Section 194JSection 260Section 40
block of Rs.4,92,10,011/-.
The Assessing Officer came to the conclusion that the
asseessee is not entitled to claim deduction of any
amount twice, while arriving at the income of the
concern. Accordingly, the depreciation claimed by the
assessee in respect of the buildings amounting to
Rs.4,92,10,011/- which was already allowed in the
earlier assessment