https://www.taxtmi.com/caselaws?id=21070 HC held that a revised return filed under s.139(5) supersedes the original return, and once the assessee withdraws its claim for depreciation therein, the AO cannot rely on particulars in the original return or annexures to allow depreciation under s.32 read with s.34. Furnishing prescribed particulars in the operative return is a condition precedent for grant of depreciation, and the AO is not mandated to thrust the benefit on an assessee who has expressly withdrawn the claim. Board instructions under s.119 cannot override these statutory requirements. All questions were answered in the affirmative, in favour of the assessee. en-us Wed, 05 Aug 1992 00:00:00 +0530 Thu, 11 Dec 2025 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21070 HC held that a revised return filed under s.139(5) supersedes the original return, and once the assessee withdraws its claim for depreciation therein, the AO cannot rely on particulars in the original return or annexures to allow depreciation under s.32 read with s.34. Furnishing prescribed particulars in the operative return is a condition precedent for grant of depreciation, and the AO is not mandated to thrust the benefit on an assessee who has expressly withdrawn the claim. Board instructions under s.119 cannot override these statutory requirements. All questions were answered in the affirmative, in favour of the assessee. Case-Laws Income Tax Wed, 05 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21070