https://www.taxtmi.com/caselaws?id=213450 The Tribunal upheld the CIT(A)'s decisions on the entitlement to claim depreciation on the cost of acquisition and the treatment of excess amount paid over the WDV. It also upheld the deduction of deferred revenue expenses and set aside the issue of depreciation on intangible assets for fresh adjudication. The Tribunal allowed the adjustment of provision for doubtful debts under section 115JB following the retrospective amendment. The appeals were allowed in part. en-us Wed, 30 Nov 2011 00:00:00 +0530 Tue, 22 May 2012 07:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213450 The Tribunal upheld the CIT(A)'s decisions on the entitlement to claim depreciation on the cost of acquisition and the treatment of excess amount paid over the WDV. It also upheld the deduction of deferred revenue expenses and set aside the issue of depreciation on intangible assets for fresh adjudication. The Tribunal allowed the adjustment of provision for doubtful debts under section 115JB following the retrospective amendment. The appeals were allowed in part. Case-Laws Income Tax Wed, 30 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213450