Every wrong claim by assessee cannot tantamount to furnishing of wrong particulars

M/s Agrahari Builders Pvt. Ltd. Vs. Dy. C.I.T. (ITAT Lucknow) We find from the copy of balance sheet and profit & loss account placed at pages 1 to 3 of the paper book that assessee had filed complete particulars with respect to assets on which depreciation was The assessee has also filed chart of fixed assets placed at page No. 3 of the paper book showing claim of the said depreciation. From the above documents itself, the Assessing Officer has observed that the assessee has claimed depreciation to the extent of Rs.2,57,677/- and therefore, it cannot be said that the assessee had conceale...