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of <h1>Appeal Dismissed: Assessee's Right to Additional Depreciation Confirmed, Form 3AA Submission Deemed Sufficient.</h1> <h3>The Commissioner of Income Tax 4, Mumbai Versus GM Knitting Industries P. Limited.</h3> The Bombay HC dismissed the appeal, affirming the assessee's entitlement to additional depreciation. The submission of Form 3AA during assessment ... - The Bombay High Court dismissed the appeal regarding additional depreciation claimed by the assessee as Form 3AA was submitted during assessment proceedings, entitling the assessee to additional depreciation. Citation: 2011 (6) TMI 1042 - BOMBAY HIGH COURT.
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