https://www.taxtmi.com/highlights?id=68432 Rectification of mistake - Assessment of trust - depreciation on Fixed Assets denied - Assessee himself wrongly declared its income under the head ‘income from other sources" instead of Business Income - It is clear that not granting depreciation on Fixed Assets were mistake apparent from the record which could have rectified by the authorities below. - AO directed to verify and allow the claim as per law - AT en-us Thu, 23 Feb 2023 08:52:44 +0530 Thu, 23 Feb 2023 08:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68432 Rectification of mistake - Assessment of trust - depreciation on Fixed Assets denied - Assessee himself wrongly declared its income under the head ‘income from other sources" instead of Business Income - It is clear that not granting depreciation on Fixed Assets were mistake apparent from the record which could have rectified by the authorities below. - AO directed to verify and allow the claim as per law - AT Highlights Income Tax Thu, 23 Feb 2023 08:52:44 +0530 https://www.taxtmi.com/highlights?id=68432