Depreciation claimed in revised return cannot be denied for non-claim in original return

Gilbarco Veeder Root India Private Limited Vs DCIT (ITAT Mumbai)

Conclusion: Since assessee had duly filed revised return within the mandate of section 139(5), therefore, the same could not be treated as non est and claim of depreciation in revised return could not be denied on the ground that it was not claimed in original return and also, assessee was not required to seek condonation of delay in terms of Please become a Premium member. If you are already a Premium member, login here to access the full content.