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Case Law Details

Case Name : Bodal Chemicals Ltd. Vs Add. CIT (ITAT Ahmedabad)
Appeal Number : ITA No. 1439/Ahd/2011
Date of Judgement/Order : 16/10/2019
Related Assessment Year : 2007-08 to 2009-10
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Bodal Chemicals Ltd. Vs ACIT (ITAT Ahmedabad)

Assessee was allowed for depreciation in respect of such goodwill in the 1st year of amalgamation i.e. AY 2006-07. There was no action either under section 263 or 147 of the Act by the revenue. Therefore we can safely presume that the claim of the depr

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