https://www.taxtmi.com/caselaws?id=181140 The appellant's miscellaneous application was allowed, and the case was directed to be fixed before the regular Bench. The issue of disallowance of depreciation on leased assets was set aside to the AO for fresh consideration after reference to the lease agreement terms, AO's explanation, and a Special Bench decision. The appellant argued that previous decisions allowed depreciation on the same leased assets as operating leases. en-us Fri, 22 Feb 2013 00:00:00 +0530 Sat, 09 Apr 2016 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181140 The appellant's miscellaneous application was allowed, and the case was directed to be fixed before the regular Bench. The issue of disallowance of depreciation on leased assets was set aside to the AO for fresh consideration after reference to the lease agreement terms, AO's explanation, and a Special Bench decision. The appellant argued that previous decisions allowed depreciation on the same leased assets as operating leases. Case-Laws Income Tax Fri, 22 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181140