https://www.taxtmi.com/caselaws?id=220914 The Tribunal allowed the appeal for statistical purposes, remanding the case to the CIT(A) for fresh consideration. The Tribunal emphasized that the CIT(A) has the authority to consider additional claims, even if not included in the original return, citing relevant legal provisions and precedents. The case focused on the legitimacy of a revised return filed by the assessee and the entitlement to claim depreciation on a car used for business purposes, ultimately directing the CIT(A) to assess whether the claimed asset qualifies as a business asset and to allow the depreciation claim if it meets legal criteria. en-us Fri, 24 Aug 2012 00:00:00 +0530 Thu, 14 Feb 2013 06:13:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220914 The Tribunal allowed the appeal for statistical purposes, remanding the case to the CIT(A) for fresh consideration. The Tribunal emphasized that the CIT(A) has the authority to consider additional claims, even if not included in the original return, citing relevant legal provisions and precedents. The case focused on the legitimacy of a revised return filed by the assessee and the entitlement to claim depreciation on a car used for business purposes, ultimately directing the CIT(A) to assess whether the claimed asset qualifies as a business asset and to allow the depreciation claim if it meets legal criteria. Case-Laws Income Tax Fri, 24 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220914