Taxpayer's Depreciation Claim on Leasehold Rights Revised u/s 263; Stamp Duty Expenses Not Eligible for Depreciation.

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....Revision u/s 263 - claim for depreciation on the leasehold rights - claim of depreciation of capitalized amount of stamp duty Paid - Allowing of the assessee’s claim for depreciation on the stamp duty expenses (pending registration) by the A.O cannot be held to a possible view in law, therefore, no infirmity arises from the order passed by the Pr. CIT u/s 263 - AT....