banner_ad

DEPRECIATION U/S 32

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 December 2010 DEAR FRIENDS, AT THE TIME OF FILLING THE RETURN ITR6 IF ASSESSEE FORGETS TO CLAIM DEDUCTION OF DEPRECIATION AS PER IT ACT. ASSESSIING OFFICER COMPLETES THE ASSESSMENT WITHOUT CONSIDERING THE DEPRECIATION U/S32. ASSESS ALSO COME TO KNOW ONLY AFTER RECEIVING THE ORDER AND DEMAND NOTICE THAT THE DEPRECIATION WAS NOT CLAIMED AT THE TIME OF FILLING OF ITR6. AO NOW NOT ALLOWING TO RECTIFY THE SAME U/S154. IS AO CORRECT IN DOING SO. WHAT REMEDY ASSESSEE HAS OTHER THAN APPEAL?

VITTHAL KORATKAR
Profile Image

HUZAIFA HUSSAIN

Profile Image

HUZAIFA HUSSAIN (Expert)
18 December 2010 PETITION U/S 154 CAN BE FILED IF THE MISTAKE IS APPARANT FROM THE RECORD. IN UR CASE SINCE U YOURSELF HAS NOT CLAIMED DEPRECITION A.O IS CORRECT IN NOT ALLOWING RECTIFICATION PETITION.
EVEN U CANNOT FILE REVISED RETURN SINCE IT IS TO BE FILED BEFORE THE ASSESSEMENT IS COMPLETED. IN UR CASE ASSESSMENT IS COMPLETED.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details