Held that since appeal of assessee against disallowance of depreciation on intangible assets in first year itself was currently pending before Commissioner(Appeals), the matter is restored to the file of CIT(A) for de novo adjudication. (AY. 2017-18)
Dow Chemical International (P.) Ltd. v. DCIT (2023) 203 ITD 575 (Mum) (Trib.)
S. 32 : Depreciation-Intangible assets-Amalgamation-Matter remanded to the file of CIT(A) for de novo adjudication. [S. 32(1), 250]