Tag Archives: 2004

CENVAT credit on Capital Goods when depreciation on duty element reversed in revised ITR

CENVAT credit on Capital Goods when depreciation on duty element reversed in revised ITR Q: Whether CENVAT credit on Capital Goods will be allowed if depreciation claimed on duty element has been reversed in the revised  income tax return ? Where depreciation was originally claimed on duty paid on capital goods  but, later revised return… Read More »