ITO Cannot Impose Depreciation if Assessee Withdraws Claim in Revised Return Before April 1, 2002.

ITO Cannot Impose Depreciation if Assessee Withdraws Claim in Revised Return Before April 1, 2002. https://www.taxtmi.com/highlights?id=2482 It is not mandatory for ITO to impose the benefit. If the assessee withdrew claim of depreciation in revised return, ITO cannot allow depreciation adverting to particulars furnished in original return prior 01.04.2002.... - AT en-us Fri, 23 Dec 2011 13:40:53 +0530 Fri, 23 Dec 2011 13:40:53 +0530 TaxTMI RSS Generator ITO Cannot Impose Depreciation if Assessee Withdraws Claim in Revised Return Before April 1, 2002. https://www.taxtmi.com/highlights?id=2482 It is not mandatory for ITO to impose the benefit. If the assessee withdrew claim of depreciation in revised return, ITO cannot allow depreciation adverting to particulars furnished in original return prior 01.04.2002.... - AT Highlights Income Tax Fri, 23 Dec 2011 13:40:53 +0530 https://www.taxtmi.com/highlights?id=2482