Depreciation Disallowance Unjustified for Non-TDS Deduction u/s 32; Claim Valid u/s 40(a)(ia.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Disallowance of depreciation u/s 32 in respect of compensation received - Such a claim cannot be disallowed merely on the ground that assessee had not deducted TDS and therefore is to be disallowed u/s 40(a)(ia). - AT....