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Case Law Details

Case Name : Lahari Laminates Pvt. Ltd. Vs DCIT (ITAT Raipur)
Appeal Number : ITA No. 35/RPR/2021
Date of Judgement/Order : 29/09/2021
Related Assessment Year : 2011-12
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Lahari Laminates Pvt. Ltd. Vs DCIT (ITAT Raipur)

With reference to the first issue i.e. incorrect allowance of depreciation of Rs.59,45,940/- on bogus purchase of Plant & Machinery, the learned counsel for the assessee fairy submitted that where the A.O. has made disallowance on Plant & Machinery, it

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