14 October 2009
An omission or wrong statement in the original return must be due to a bona fide inadvertence or a mistake on the part of the assessee, without which the benefit of 139(5) cannot be claimed.
Since its an expense , its ok . If in case of income , its a problem for concealment(271(1)(c) and furnishing false particulars (277)
Is ur case under Tax audit , what does the report say regarding depreciation?