18 April 2009
Can any body answer with related judgement, if any that- an assessee purchased a car in scheme of amalgamation. car was actually acquired by amalgamating company before 1.4.2001 i.e. not liable for depreciation. and accordingly not claimed any dep. However after amalgamation the amalgamated company wants to claim depreciation can he do so? Pls e mail me at torajnishkumar@gmail.com or call 9899113350
CAclubindia
