https://www.taxtmi.com/caselaws?id=242651 The Tribunal admitted the appeal despite a 170-day delay in filing, citing reasons of justice and equity. However, the appeal was ultimately dismissed due to discrepancies in the treatment of unabsorbed depreciation over multiple years, leading to the conclusion that the appellant's claim lacked merit. The Tribunal upheld the Assessing Officer's decision and pronounced the order in Chennai on June 25, 2013. en-us Tue, 25 Jun 2013 00:00:00 +0530 Sun, 19 Jan 2014 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242651 The Tribunal admitted the appeal despite a 170-day delay in filing, citing reasons of justice and equity. However, the appeal was ultimately dismissed due to discrepancies in the treatment of unabsorbed depreciation over multiple years, leading to the conclusion that the appellant's claim lacked merit. The Tribunal upheld the Assessing Officer's decision and pronounced the order in Chennai on June 25, 2013. Case-Laws Income Tax Tue, 25 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242651