No penalty for wrong claim of depreciation , if claim was bona fide

ITAT AMRITSAR BENCH

Kamal Sood

Versus

Deputy Commissioner of Income-tax

IT APPEAL NO. 92 (ASR.) OF 2012
[Assessment Year 2006-07]

Date of Pronouncement -28.08.2012

ORDER

1. This appeal of the assessee arises from the order of the CIT(A)-II, Ludhiana, dt. 3rd Jan., 2012 for the asst. yr. 2006-07.

2. The assessee has raised follow

Please become a Premium member. If you are already a Premium member, login here to access the full content.