Saturday, September 27, 2014

[aaykarbhavan] Concealment penalty rightly levied for claiming depreciation on non-existent asset: Karnataka HC




 

Concealment penalty rightly levied for claiming depreciation on non-existent asset: Karnataka HC

September 27, 2014[2014] 49 taxmann.com 129 (Karnataka)/[2014] 362 ITR 630 (Karnataka)/[2014] 265 CTR 163 (Karnataka)
IT : Where assessee claimed depreciation on non-existent assets, penalty was to be levied for filing inaccurate particulars of income
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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