https://www.taxtmi.com/caselaws?id=206460 The High Court upheld the decisions of the CIT(A) and Tribunal in favor of the assessee. The Court found that the revenue's appeals lacked merit as the lower authorities had properly assessed the evidence and made sound conclusions. The Court dismissed the appeals, affirming the rulings in favor of the assessee on issues related to addition of undercharged rent, entitlement to full-year depreciation on the building, restriction of depreciation on plant and machinery, and deduction of interest paid to a sister concern. en-us Tue, 05 Apr 2011 00:00:00 +0530 Wed, 02 Nov 2011 07:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206460 The High Court upheld the decisions of the CIT(A) and Tribunal in favor of the assessee. The Court found that the revenue's appeals lacked merit as the lower authorities had properly assessed the evidence and made sound conclusions. The Court dismissed the appeals, affirming the rulings in favor of the assessee on issues related to addition of undercharged rent, entitlement to full-year depreciation on the building, restriction of depreciation on plant and machinery, and deduction of interest paid to a sister concern. Case-Laws Income Tax Tue, 05 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206460