https://www.taxtmi.com/caselaws?id=236336 The Tribunal allowed the appellant's claim for depreciation on assets leased to Western Railways, citing consistency in previous decisions and the Gujarat High Court's affirmation. The Tribunal reversed the CIT(A)'s decision and directed the A.O. to allow the depreciation claimed by the appellant, emphasizing the issue had already been settled in the appellant's favor. The appeal was partly allowed in favor of the appellant, with the Tribunal pronouncing the order on 05-07-2013. en-us Fri, 05 Jul 2013 00:00:00 +0530 Fri, 23 Aug 2013 08:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236336 The Tribunal allowed the appellant's claim for depreciation on assets leased to Western Railways, citing consistency in previous decisions and the Gujarat High Court's affirmation. The Tribunal reversed the CIT(A)'s decision and directed the A.O. to allow the depreciation claimed by the appellant, emphasizing the issue had already been settled in the appellant's favor. The appeal was partly allowed in favor of the appellant, with the Tribunal pronouncing the order on 05-07-2013. Case-Laws Income Tax Fri, 05 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236336