https://www.taxtmi.com/caselaws?id=240690 The Tribunal dismissed the assessee's appeal regarding the disallowance of depreciation on dredgers, holding that the assessee was not the owner of the dredgers and therefore not entitled to claim depreciation. Additionally, the Tribunal allowed the Revenue's appeal against the CIT(A)'s decision to allow deductions for hire charges, citing lack of evidence and non-compliance with tax deduction at source provisions. en-us Mon, 21 Jan 2013 00:00:00 +0530 Tue, 10 Dec 2013 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240690 The Tribunal dismissed the assessee's appeal regarding the disallowance of depreciation on dredgers, holding that the assessee was not the owner of the dredgers and therefore not entitled to claim depreciation. Additionally, the Tribunal allowed the Revenue's appeal against the CIT(A)'s decision to allow deductions for hire charges, citing lack of evidence and non-compliance with tax deduction at source provisions. Case-Laws Income Tax Mon, 21 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240690