Disallowance of additional depreciation u/s 32(1)(iia) of the Income Tax Act, 1961

Last updated: 07 August 2021
Quick Summary
This Income Tax Appellate Tribunal case concerns the disallowance of additional depreciation claimed by M/s. Hero MotoCorp Ltd. for the assessment year 2008-09. The Revenue appealed the CIT(A)'s decision to grant relief to the assessee. However, the Tribunal upheld the CIT(A)'s order, dismissing the Revenue's grounds of appeal.

Court :
INCOME TAX APPELLATE TRIBUNAL DELHI

Brief :
This appeal filed by the Revenue is directed against the order dated 02.03.2016 of the Commissioner of Income Tax (Appeals)- 16, New Delhi relating to Assessment Year 2008-09.

Citation :
ITA No. 3537/Del/2016

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1 Year PLAN
1999
(Excl. of GST ₹359)

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2 Years PLAN
3499
(Excl. of GST ₹629)

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