https://www.taxtmi.com/caselaws?id=242106 The Tribunal upheld the allowability of depreciation on fixed assets and the carry forward benefits of business loss and unabsorbed depreciation, following the precedent set by the Bombay High Court judgment. The appeal of the Revenue was dismissed, and the cross objection filed by the assessee was also dismissed. en-us Wed, 05 Jun 2013 00:00:00 +0530 Wed, 08 Jan 2014 08:21:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242106 The Tribunal upheld the allowability of depreciation on fixed assets and the carry forward benefits of business loss and unabsorbed depreciation, following the precedent set by the Bombay High Court judgment. The appeal of the Revenue was dismissed, and the cross objection filed by the assessee was also dismissed. Case-Laws Income Tax Wed, 05 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242106