https://www.taxtmi.com/caselaws?id=466969 Fresh claims first made in a return filed under section 153A for an unabated or completed assessment, including depreciation on goodwill and provision for doubtful debts, are not admissible and may be withdrawn. Search-related additions for alleged inflated capital expenditure and disallowance of interest on delayed TDS require incriminating material specifically relevant to the assessment year; material from outside that year does not support extrapolated additions. Under section 115JB, book-profit adjustments for depreciation disallowed in normal computation are permissible only where authorised by the statutory scheme. Depreciation on intangibles asserted as a fresh claim remains inadmissible, while an unauthorised adjustment relating to alleged inflated capital expenditure is to be deleted. en-us Mon, 24 Feb 2025 00:00:00 +0530 Wed, 25 Feb 2026 15:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466969 Fresh claims first made in a return filed under section 153A for an unabated or completed assessment, including depreciation on goodwill and provision for doubtful debts, are not admissible and may be withdrawn. Search-related additions for alleged inflated capital expenditure and disallowance of interest on delayed TDS require incriminating material specifically relevant to the assessment year; material from outside that year does not support extrapolated additions. Under section 115JB, book-profit adjustments for depreciation disallowed in normal computation are permissible only where authorised by the statutory scheme. Depreciation on intangibles asserted as a fresh claim remains inadmissible, while an unauthorised adjustment relating to alleged inflated capital expenditure is to be deleted. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466969