https://www.taxtmi.com/caselaws?id=170758 The Tribunal allowed the appeal, setting aside the Commissioner's order under section 263 of the Income-tax Act. The judgment emphasized the significance of documentary evidence, legal precedents, and compliance with legal provisions in assessing the validity of assessments and depreciation claims. It highlighted the Assessing Officer's discretion in evaluating claims and the requirement for substantial evidence to contest assessment orders. en-us Wed, 30 Jan 2013 00:00:00 +0530 Sat, 28 Mar 2015 11:16:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170758 The Tribunal allowed the appeal, setting aside the Commissioner's order under section 263 of the Income-tax Act. The judgment emphasized the significance of documentary evidence, legal precedents, and compliance with legal provisions in assessing the validity of assessments and depreciation claims. It highlighted the Assessing Officer's discretion in evaluating claims and the requirement for substantial evidence to contest assessment orders. Case-Laws Income Tax Wed, 30 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170758