Issue Regarding Claim of Depreciation Cannot Decided Until Dispute Regarding Capitalization of Expenses in Assessment Order is decided: ITAT [Read Order]

Claim - Depreciation - Decided - Dispute - Regarding - Capitalization - Assessment - Order - ITAT - TAXSCAN

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that Issue regarding claim of depreciation could not be decided until dispute regarding capitalization of expenses in assessment order is decided. Himanshu Garg appeared for the assessee and Sanjay Kumar appeared for the revenue. Assessee Plastic Omnium Auto Inergy Manufacturing IndiaPrivate Limited,…

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