2013 (2) TMI 468

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... equal amount of penalty. The said credit was denied to the appellant on capital goods in the financial year 2007-08 on the ground that the benefit of depreciation of value of the capital goods was simultaneously availed by the party under the relevant provisions of the Income Tax Act. 2. There is no representation for the applicant dispute notice, nor any request of theirs for adjournment. 3. O....