https://www.taxtmi.com/caselaws?id=63848 The Tribunal restored the case to the CIT(A) to evaluate the Assessing Officer's reasons for disallowing the higher depreciation claim on leased trucks and to verify supporting documents. The Tribunal clarified that the CIT(A) could consider the claim on its merits, despite procedural issues under Section 139(5), as the AO had already assessed the merits. The Revenue's appeal was allowed for statistical purposes, directing the CIT(A) to issue a detailed order after hearing the assessee. en-us Wed, 05 Mar 2008 00:00:00 +0530 Fri, 29 Dec 2023 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63848 The Tribunal restored the case to the CIT(A) to evaluate the Assessing Officer's reasons for disallowing the higher depreciation claim on leased trucks and to verify supporting documents. The Tribunal clarified that the CIT(A) could consider the claim on its merits, despite procedural issues under Section 139(5), as the AO had already assessed the merits. The Revenue's appeal was allowed for statistical purposes, directing the CIT(A) to issue a detailed order after hearing the assessee. Case-Laws Income Tax Wed, 05 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63848