Permission to enhance the depreciation by revaluation of the ...
High Court Rules Assessing Officer Cannot Reassess Depreciation from Asset Revaluation u/s 115J of Income Tax Act.
November 30, 2016
Case Laws Income Tax HC
Permission to enhance the depreciation by revaluation of the assets upwards - whether assessee company has shown high depreciation in the Profit & Loss A/c during the year under consideration and defeated the provisions of Section 115J? - AO has not power to revisit - HC
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