Held, that the Tribunal having held that the depreciation was not claimed by the assessee in the earlier years when the claim was optional in nature, the depreciation could not be thrust upon the assessee so as to reduce the written down value of assets, the order of Commissioner (Appeals) is affirmed. (AY.2017-18, 2018-19)
Dy. CIT v. Reliance Industries Ltd. (2024)109 ITR 180 (Mum)(Trib)
S. 32 : Depreciation-Written down value – Optional-Depreciation was not claimed when it was optional-Assessee cannot be thrust upon to reduce written down value of assets.
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