https://www.taxtmi.com/caselaws?id=66896 The tribunal dismissed the revenue's appeal, upholding the CIT(Appeals)'s findings that the assessee's provision for higher depreciation was justified and should be considered for computing book profit under section 115J. The tribunal emphasized that the technical evaluation and the disclosure in the annual accounts were proper and in compliance with the relevant provisions of the Companies Act and the Income-tax Act. en-us Thu, 28 Aug 1997 00:00:00 +0530 Tue, 08 Mar 2011 10:37:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66896 The tribunal dismissed the revenue's appeal, upholding the CIT(Appeals)'s findings that the assessee's provision for higher depreciation was justified and should be considered for computing book profit under section 115J. The tribunal emphasized that the technical evaluation and the disclosure in the annual accounts were proper and in compliance with the relevant provisions of the Companies Act and the Income-tax Act. Case-Laws Income Tax Thu, 28 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66896