Procedural Lapse Cannot Override Substantive Claim: ITAT Allows Depreciation Correction

DCIT Vs M M Plastoware India Private Limited (ITAT Mumbai) ITAT: Revenue Appeal Dismissed Where Actual Tax Effect Below CBDT Monetary Limit; ITAT: Tax Effect Must Be Determined from Actual Disputed Addition, Not Form 36 Figures; ITAT Upholds CIT(A) Power to Admit Fresh Claim; Revenue Appeal Dismissed on Low Tax Effect; ITAT: Appellate Authorities Can Admit New Claims Despite Goetze Restriction on AO; ITAT: Revenue Appeal Not Maintainable as Correct Tax Effect Below CBDT Threshold; ITAT Allows Depreciation Correction; Holds CIT(A) Can Entertain Claims Not Made in Return The Tribunal held t...