https://www.taxtmi.com/caselaws?id=221948 The High Court dismisses the Revenue's appeal under section 260A of the Income-tax Act, 1961 for the assessment year 2004-05. The court rules on issues concerning depreciation on an intangible asset acquisition date, treatment of bad debt, and remittance of the matter back to the Assessing Officer. Referring to previous judgments, the court finds no substantial questions of law and upholds the Tribunal's decision to remit the matter for examination by the Assessing Officer. Consequently, the appeal is dismissed based on the court's analysis and application of relevant legal principles. en-us Tue, 03 Apr 2012 00:00:00 +0530 Sat, 06 Apr 2013 22:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221948 The High Court dismisses the Revenue's appeal under section 260A of the Income-tax Act, 1961 for the assessment year 2004-05. The court rules on issues concerning depreciation on an intangible asset acquisition date, treatment of bad debt, and remittance of the matter back to the Assessing Officer. Referring to previous judgments, the court finds no substantial questions of law and upholds the Tribunal's decision to remit the matter for examination by the Assessing Officer. Consequently, the appeal is dismissed based on the court's analysis and application of relevant legal principles. Case-Laws Income Tax Tue, 03 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221948