https://www.taxtmi.com/caselaws?id=207685 The Tribunal upheld the decision of the CIT(Appeals), dismissing the revenue's appeal. It was held that the revised return filed by the assessee was valid, and the Assessing Officer should not have allowed depreciation based on the original return. The Tribunal also found no reason to interfere with the CIT(Appeals)'s decision on the classification of interest income, as the assessee did not raise any objections during the appeal process. Consequently, the revenue's appeal was dismissed. en-us Mon, 22 Feb 2010 00:00:00 +0530 Fri, 07 Jun 2013 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207685 The Tribunal upheld the decision of the CIT(Appeals), dismissing the revenue's appeal. It was held that the revised return filed by the assessee was valid, and the Assessing Officer should not have allowed depreciation based on the original return. The Tribunal also found no reason to interfere with the CIT(Appeals)'s decision on the classification of interest income, as the assessee did not raise any objections during the appeal process. Consequently, the revenue's appeal was dismissed. Case-Laws Income Tax Mon, 22 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207685