Disallowance of expenses and depreciation - the assessee showed ...

Deduction Allowed for Assessee on Land Sale at Baramati Despite Business Lull; No Winding Up Evidence Found.

January 2, 2019

Case Laws Income Tax AT

Disallowance of expenses and depreciation - the assessee showed the alienation of the parcel of the land at Baramati. There is nothing on record that the assessee has wound up the business. There is a temporary lull in the business - Claim of deduction allowed.

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Disallowance of expenses and depreciation - the assessee showed ...

Deduction Allowed for Assessee on Land Sale at Baramati Despite Business Lull; No Winding Up Evidence Found.

January 2, 2019

Case Laws Income Tax AT

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