https://www.taxtmi.com/caselaws?id=208495 The Income-tax Appellate Tribunal upheld the assessee's claim for a higher depreciation allowance based on a valuation report, rejecting the Revenue's appeal. The Tribunal emphasized the finality of the Commissioner (Appeals) order and the Tribunal's authority under section 254 of the Income-tax Act, distinguishing it from the Supreme Court judgment cited by the Revenue. The Tribunal's decision was affirmed as no substantial legal question arose from the grounds presented in the appeal. en-us Tue, 09 Mar 2010 00:00:00 +0530 Sat, 15 Dec 2012 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208495 The Income-tax Appellate Tribunal upheld the assessee's claim for a higher depreciation allowance based on a valuation report, rejecting the Revenue's appeal. The Tribunal emphasized the finality of the Commissioner (Appeals) order and the Tribunal's authority under section 254 of the Income-tax Act, distinguishing it from the Supreme Court judgment cited by the Revenue. The Tribunal's decision was affirmed as no substantial legal question arose from the grounds presented in the appeal. Case-Laws Income Tax Tue, 09 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208495