K. Raheja Corp. (P.) Ltd. v. DCIT (2021) 190 ITD 749 (Mum.)(Trib.)

S. 32 : Depreciation-Leased assets-Failure to claim due to mistake-Matter remanded.

Held that since mistake of not claiming depreciation was realized during year by assessee and tax auditor while finalizing tax audit report incorporated these assets at opening WDV and certificate of tax auditor was also furnished, claim was allowable in terms of section 32 and matter be remitted back. (AY. 2012-13)