s IT : Where assessee was engaged in business of dredging and for assessment year

IT : Where assessee was engaged in business of dredging and for assessment year 2008-09 it claimed depreciation on two dredgers stating that it had purchased same during financial year 2007-08, since record showed that assessee was not owner of dredgers either wholly or partly, it was not entitled to claim depreciation



[2013] 31 taxmann.com 273 (Hyderabad - Trib.)

IN THE ITAT HYDERABAD BENCH 'A'

Dharti Dredgers & Infrastructure Ltd.