https://www.taxtmi.com/caselaws?id=439605 Explanation 5 to section 32(1) of the Income-tax Act did not justify forcing depreciation on an assessee after the claim had been withdrawn; on the facts, the Revenue's argument failed and the High Court's dismissal of the Revenue's appeals was left undisturbed. The assessee's depreciation claim, as reflected in the original return, could not be compelled in the manner urged by the Revenue. en-us Thu, 20 Apr 2023 00:00:00 +0530 Wed, 03 Jun 2026 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439605 Explanation 5 to section 32(1) of the Income-tax Act did not justify forcing depreciation on an assessee after the claim had been withdrawn; on the facts, the Revenue's argument failed and the High Court's dismissal of the Revenue's appeals was left undisturbed. The assessee's depreciation claim, as reflected in the original return, could not be compelled in the manner urged by the Revenue. Case-Laws Income Tax Thu, 20 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439605