https://www.taxtmi.com/caselaws?id=66337 The Tribunal partially allowed the appeal, upholding the higher depreciation claim for the assessment year 1983-84 based on the IT (Fourth Amendment) Rules, 1983. The disallowance of the professional fee paid to Mrs. Bhanu Patil was deleted as her services were deemed genuine and beneficial for business decisions. However, the Tribunal ruled against the assessee on the issue of charging interest without providing an opportunity to be heard, citing legal precedents and denying the appeal on this matter. en-us Thu, 24 Aug 1989 00:00:00 +0530 Wed, 23 Feb 2011 16:34:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66337 The Tribunal partially allowed the appeal, upholding the higher depreciation claim for the assessment year 1983-84 based on the IT (Fourth Amendment) Rules, 1983. The disallowance of the professional fee paid to Mrs. Bhanu Patil was deleted as her services were deemed genuine and beneficial for business decisions. However, the Tribunal ruled against the assessee on the issue of charging interest without providing an opportunity to be heard, citing legal precedents and denying the appeal on this matter. Case-Laws Income Tax Thu, 24 Aug 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66337