During the assessment, AO had applied his mind to the depreciation claim in its entirety and had made an addition only with regard to excess depreciation claimed on project development expenses. Therefore, notice issued under section 148 of the Act to examine the claim of depreciation again is against the settled provision of law, and the said notice is liable to be quashed. SLP dismissed on account of delay of 426 days as well as on merits  (AY. 2014-15)