No reassessment on ground that excessive dep. was claimed if entire material was available during original assessment

INCOME TAX : Where AO initiated reassessment proceedings on ground that assessee had claimed excessive depreciation on shuttering and mining equipments, in view of fact that assessee had disclosed full and correct facts relating to claim of depreciation merely on basis of change of opinion, deserved to be quashed

from www.taxmann.com Latest Case Laws https://ift.tt/2X5BJeW