https://www.taxtmi.com/caselaws?id=155008 The ITAT Chennai set aside the decisions of the Assessing Officer and the Commissioner of Income-tax (Appeals) regarding the deduction of sale value from the opening written down value of cars, non-consideration of depreciation for new cars, and summary disallowance of expenses. The ITAT found that the appellant was not given sufficient opportunity to present evidence and remitted the issues back to the Assessing Officer for reconsideration, instructing the appellant to provide necessary records to support its claims. en-us Thu, 30 Jun 2011 00:00:00 +0530 Sat, 31 Aug 2013 11:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155008 The ITAT Chennai set aside the decisions of the Assessing Officer and the Commissioner of Income-tax (Appeals) regarding the deduction of sale value from the opening written down value of cars, non-consideration of depreciation for new cars, and summary disallowance of expenses. The ITAT found that the appellant was not given sufficient opportunity to present evidence and remitted the issues back to the Assessing Officer for reconsideration, instructing the appellant to provide necessary records to support its claims. Case-Laws Income Tax Thu, 30 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155008