Section 32 of the Income Tax Act, 1961 — Depreciation — Where erstwhile company was divided and assessee new company received assets under related amalgamation scheme and AO disallowed depreciation on assets as they were unidentifiable, Auditors report received subsequently which provided item wise opening balance was to be taken into consideration for fresh Computation of Depreciation — Commissioner of income tax vs. Poorvanchal Vidyut Vitran Nigam Ltd [2020] 268 Taxman 132 (Allahabad)