https://www.taxtmi.com/caselaws?id=117575 The ITAT held that the assessee is not obligated to claim depreciation allowance while computing deductions under section 80-IA of the Income-tax Act, 1961, if it has not been claimed in the books of account. The Tribunal deemed contrary decisions as per incuriam, emphasizing judicial consistency and binding precedent. Consequently, the appeal was allowed, providing relief to the assessee. en-us Fri, 29 Apr 2005 00:00:00 +0530 Wed, 15 May 2024 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117575 The ITAT held that the assessee is not obligated to claim depreciation allowance while computing deductions under section 80-IA of the Income-tax Act, 1961, if it has not been claimed in the books of account. The Tribunal deemed contrary decisions as per incuriam, emphasizing judicial consistency and binding precedent. Consequently, the appeal was allowed, providing relief to the assessee. Case-Laws Income Tax Fri, 29 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117575