Assessee not entitled to claim depreciation on an asset which has been written off from books

IN THE ITAT BANGALORE BENCH ‘A’ Allergan India (P.) Ltd. versus Deputy Commissioner of Income-tax IT APPEAL NO. 1490 (BANG.) OF 2010 [ASSESSMENT YEAR 2006-07] MARCH 16, 2012 ORDER Smt. P. Madhavi Devi, Judicial Member This is assessee’s appeal for the assessment year 2006-07. The assessee has filed the following concise grounds of appeal;  “1.  The CIT(A) erred in not holding that the order of the DCIT or AO is bad in law and on facts.   2.  Disallowance of validation charges paid to Nicholas Piramal India Ltd.,(Nicholas Piramal) of Rs. 2,854,061/- ...