https://www.taxtmi.com/caselaws?id=261156 The ITAT dismissed the Revenue's appeal, upholding the deletion of disallowance of depreciation and the Ld. CIT(A)'s decision on the TDS issue. The challenge to the validity of proceedings under Section 147 was not addressed as it became moot. The ITAT allowed the full depreciation claim, reducing the determined loss by the disallowed amount. en-us Wed, 24 Jun 2015 00:00:00 +0530 Mon, 09 Nov 2015 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261156 The ITAT dismissed the Revenue's appeal, upholding the deletion of disallowance of depreciation and the Ld. CIT(A)'s decision on the TDS issue. The challenge to the validity of proceedings under Section 147 was not addressed as it became moot. The ITAT allowed the full depreciation claim, reducing the determined loss by the disallowed amount. Case-Laws Income Tax Wed, 24 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261156