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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Claim of depreciation - Revision u/s 263 - Since such issue in ...

Case Laws     Income Tax

September 3, 2018

Claim of depreciation - Revision u/s 263 - Since such issue in respect of the same immovable property had been conclusively dealt with in orders passed by authorities superior to the Commissioner, the Commissioner, in exercise of his powers u/s 263 of the Act, could not have reopened the same issue. It was a closed chapter

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