Depreciation rate
This query is : Resolved
01 November 2013
we have claimed the excess depreciation in assessment year, kindly let me know about certain obligation facing the time of scrutiny cases
01 November 2013
i) Income will be increased to that extent.
ii) Tax and interest has to be paid accordingly.
iii) Penalty proceedings ,u/s 271(1)(c), will be initiated by the AO but will not sustain.
ii) Tax and interest has to be paid accordingly.
iii) Penalty proceedings ,u/s 271(1)(c), will be initiated by the AO but will not sustain.
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