https://www.taxtmi.com/caselaws?id=181923 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decision in a tax case involving the revised computation of depreciation and deduction under Section 80-IA of the Income Tax Act and the deletion of an addition on account of apportionment of common expenses. The Tribunal confirmed that the Assessing Officer (AO) should have considered the revised computation as it was filed before the assessment was completed and aligned with the correct depreciation rate. Additionally, the Tribunal agreed that the apportionment of common expenses made by the AO was not justified, as the assessee had maintained separate books of account and had already allocated a reasonable amount for any missed expenses. en-us Thu, 15 Dec 2011 00:00:00 +0530 Wed, 15 Jul 2026 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181923 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decision in a tax case involving the revised computation of depreciation and deduction under Section 80-IA of the Income Tax Act and the deletion of an addition on account of apportionment of common expenses. The Tribunal confirmed that the Assessing Officer (AO) should have considered the revised computation as it was filed before the assessment was completed and aligned with the correct depreciation rate. Additionally, the Tribunal agreed that the apportionment of common expenses made by the AO was not justified, as the assessee had maintained separate books of account and had already allocated a reasonable amount for any missed expenses. Case-Laws Income Tax Thu, 15 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181923