Depreciation - Disallowance of Capitalization of CENVAT credit ...
Tax Authorities Deny Deduction Claim for Unutilized CENVAT Credit on Capital Goods in Business Income Calculation.
December 8, 2022
Case Laws Income Tax AT
Depreciation - Disallowance of Capitalization of CENVAT credit on capital goods - the Revenue authorities were justified in rejecting the claim of the assessee for deduction on account of unutilized CENVAT credit which was claimed as deduction in computing income from business of the assessee - AT
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