Commissioner Lacks Authority to Reopen Depreciation Claim on Property; Matter Already Resolved u/s 263 of Income Tax Act.

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....Claim of depreciation - Revision u/s 263 - Since such issue in respect of the same immovable property had been conclusively dealt with in orders passed by authorities superior to the Commissioner, the Commissioner, in exercise of his powers u/s 263 of the Act, could not have reopened the same issue. It was a closed chapter....