https://www.taxtmi.com/caselaws?id=181517 The ITAT upheld the CIT(A)'s decision to allow depreciation on the factory building for the assessment year 2005-06, dismissing the Revenue's appeal. Regarding the reduction of administrative expenses disallowance, the ITAT deleted the disallowance made by the AO, citing precedents from the Bombay High Court and the Kerala High Court. The appeal by the Revenue was dismissed, and the Cross-Objection by the assessee was allowed. en-us Fri, 08 Jul 2011 00:00:00 +0530 Tue, 19 Apr 2016 12:19:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181517 The ITAT upheld the CIT(A)'s decision to allow depreciation on the factory building for the assessment year 2005-06, dismissing the Revenue's appeal. Regarding the reduction of administrative expenses disallowance, the ITAT deleted the disallowance made by the AO, citing precedents from the Bombay High Court and the Kerala High Court. The appeal by the Revenue was dismissed, and the Cross-Objection by the assessee was allowed. Case-Laws Income Tax Fri, 08 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181517