Reopening of assessment u/s 147 - AO found depreciation to be ...
Section 147 Reassessment Upheld: Excessive Depreciation Claim Found in Tax Audit Report Discrepancy by Assessing Officer.
July 14, 2014
Case Laws Income Tax AT
Reopening of assessment u/s 147 - AO found depreciation to be excessive on the basis of tax audit report, the eligible depreciation certified by the tax auditor differed from the amount that was actually allowed in the assessment order - reassessment upheld - AT
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