https://www.taxtmi.com/circulars?id=8763 The Board directs internal audit parties to scrutinise the admissibility of depreciation and development rebate per Board instructions and the Internal Audit Manual, and requires assessing officers to obtain an asset break up identifying any intangible assets so IAPs can verify whether depreciation has been incorrectly allowed on intangible assets. en-us Sat, 07 Nov 1970 00:00:00 +0530 Thu, 26 May 2011 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8763 The Board directs internal audit parties to scrutinise the admissibility of depreciation and development rebate per Board instructions and the Internal Audit Manual, and requires assessing officers to obtain an asset break up identifying any intangible assets so IAPs can verify whether depreciation has been incorrectly allowed on intangible assets. Circulars Income Tax Sat, 07 Nov 1970 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8763