https://www.taxtmi.com/caselaws?id=62876 The Appellate Tribunal ITAT Delhi-A allowed the appeal, directing the assessing officer to accept the claim for the allowance of unabsorbed depreciation for the assessment year 1986-87. The Tribunal emphasized that the depreciation amount needed to be considered under section 32(1) and that the claim should have been accepted by the assessing officer. The decision was based on the interpretation of the relevant provisions of the Act, ensuring the assessee's right to claim unabsorbed depreciation was upheld. en-us Thu, 04 Apr 1991 00:00:00 +0530 Mon, 03 Feb 2020 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62876 The Appellate Tribunal ITAT Delhi-A allowed the appeal, directing the assessing officer to accept the claim for the allowance of unabsorbed depreciation for the assessment year 1986-87. The Tribunal emphasized that the depreciation amount needed to be considered under section 32(1) and that the claim should have been accepted by the assessing officer. The decision was based on the interpretation of the relevant provisions of the Act, ensuring the assessee's right to claim unabsorbed depreciation was upheld. Case-Laws Income Tax Thu, 04 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62876