https://www.taxtmi.com/caselaws?id=121070 The Tribunal ruled in favor of the assessee on depreciation for leased vehicles, dismissing the revenue's appeal. Disallowance under Section 14A for the 1999-2000 assessment year was upheld, while the 2000-01 disallowance was remanded for reconsideration. The Tribunal upheld the CIT (Appeals) decision to quash reassessment proceedings for 2001-02, citing improper issuance of notice under Section 148. Additionally, the Tribunal set aside the CIT (Appeals) order under Section 154, agreeing with the revenue that the CIT (Appeals) exceeded jurisdiction by effectively reviewing his own order. en-us Mon, 16 Apr 2007 00:00:00 +0530 Thu, 25 Jan 2024 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121070 The Tribunal ruled in favor of the assessee on depreciation for leased vehicles, dismissing the revenue's appeal. Disallowance under Section 14A for the 1999-2000 assessment year was upheld, while the 2000-01 disallowance was remanded for reconsideration. The Tribunal upheld the CIT (Appeals) decision to quash reassessment proceedings for 2001-02, citing improper issuance of notice under Section 148. Additionally, the Tribunal set aside the CIT (Appeals) order under Section 154, agreeing with the revenue that the CIT (Appeals) exceeded jurisdiction by effectively reviewing his own order. Case-Laws Income Tax Mon, 16 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121070