Revenue Cannot Alter De-Merger Expense Amortization Claim Once Allowed u/s 35DD Without Factual Change.

Revenue Cannot Alter De-Merger Expense Amortization Claim Once Allowed u/s 35DD Without Factual Change. https://www.taxtmi.com/highlights?id=53685 Amortization of de-merger expenses claimed by the assessee u/s. 35DD - the deduction u/s 35DD of the Act is a continuing one and when the said deduction was allowed in the initial year of claim, then in absence of change in the factual matrix, the Revenue could not disturb the continuing claim in the subsequent years. en-us Fri, 12 Jun 2020 11:43:12 +0530 Fri, 12 Jun 2020 11:43:12 +0530 TaxTMI RSS Generator Revenue Cannot Alter De-Merger Expense Amortization Claim Once Allowed u/s 35DD Without Factual Change. https://www.taxtmi.com/highlights?id=53685 Amortization of de-merger expenses claimed by the assessee u/s. 35DD - the deduction u/s 35DD of the Act is a continuing one and when the said deduction was allowed in the initial year of claim, then in absence of change in the factual matrix, the Revenue could not disturb the continuing claim in the subsequent years. Highlights Income Tax Fri, 12 Jun 2020 11:43:12 +0530 https://www.taxtmi.com/highlights?id=53685