https://www.taxtmi.com/caselaws?id=77614 The High Court upheld the Tribunal's decision in an appeal against an order by the Income-tax Appellate Tribunal for the assessment year 1998-99. The issue revolved around the Assessing Officer's direction to recompute income under section 115JA due to excess depreciation claimed. The Tribunal, relying on precedent cases, clarified the classification under section 115JA instead of 115JB and emphasized that the Assessing Officer's order was not erroneous, leading to the dismissal of the Commissioner's order. The High Court agreed, finding no substantial question of law and dismissing the appeal. en-us Wed, 24 Sep 2008 00:00:00 +0530 Tue, 28 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77614 The High Court upheld the Tribunal's decision in an appeal against an order by the Income-tax Appellate Tribunal for the assessment year 1998-99. The issue revolved around the Assessing Officer's direction to recompute income under section 115JA due to excess depreciation claimed. The Tribunal, relying on precedent cases, clarified the classification under section 115JA instead of 115JB and emphasized that the Assessing Officer's order was not erroneous, leading to the dismissal of the Commissioner's order. The High Court agreed, finding no substantial question of law and dismissing the appeal. Case-Laws Income Tax Wed, 24 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77614