https://www.taxtmi.com/caselaws?id=218034 The Tribunal upheld the revenue's disallowance of depreciation in favor of the revenue and dismissed against the assessee for all years. The Tribunal confirmed the deletion of gross profit additions, disallowance of customer loss, and cessation of liability. It directed the A.O. to verify and allow certain claims like PF and ESI payments and technical know-how fees. The appeals were partly allowed with specific directions for verification and allowance of claims. en-us Wed, 23 May 2012 00:00:00 +0530 Thu, 01 Nov 2012 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218034 The Tribunal upheld the revenue's disallowance of depreciation in favor of the revenue and dismissed against the assessee for all years. The Tribunal confirmed the deletion of gross profit additions, disallowance of customer loss, and cessation of liability. It directed the A.O. to verify and allow certain claims like PF and ESI payments and technical know-how fees. The appeals were partly allowed with specific directions for verification and allowance of claims. Case-Laws Income Tax Wed, 23 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218034