https://www.taxtmi.com/caselaws?id=266167 The Tribunal set aside the Commissioner's order in a case concerning the assessment year 2010-11, directing the Assessing Officer to recalculate depreciation based on the written down value from the 2009-10 assessment. The appeal by Revenue and the cross-objection by the assessee were treated as allowed for statistical purposes, pending further assessment adjustments. The decision emphasizes aligning cost valuation with relevant assessment years and considering pending appellate decisions for accurate tax assessment. en-us Wed, 21 Jan 2015 00:00:00 +0530 Sun, 18 Oct 2015 17:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266167 The Tribunal set aside the Commissioner's order in a case concerning the assessment year 2010-11, directing the Assessing Officer to recalculate depreciation based on the written down value from the 2009-10 assessment. The appeal by Revenue and the cross-objection by the assessee were treated as allowed for statistical purposes, pending further assessment adjustments. The decision emphasizes aligning cost valuation with relevant assessment years and considering pending appellate decisions for accurate tax assessment. Case-Laws Income Tax Wed, 21 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266167