https://www.taxtmi.com/caselaws?id=185300 The ITAT Chennai confirmed the CIT(A)'s decision to allow the depreciation claim for the Port Trust assessee, dismissing both the Revenue's appeal and the assessee's Cross Objections. The previous case reference and court decisions supported the depreciation claim, leading to the final decision in favor of the assessee. The Cross Objections filed by the assessee were also dismissed as they aligned with the CIT(A)'s order. en-us Tue, 08 Jan 2013 00:00:00 +0530 Mon, 08 Aug 2016 17:41:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185300 The ITAT Chennai confirmed the CIT(A)'s decision to allow the depreciation claim for the Port Trust assessee, dismissing both the Revenue's appeal and the assessee's Cross Objections. The previous case reference and court decisions supported the depreciation claim, leading to the final decision in favor of the assessee. The Cross Objections filed by the assessee were also dismissed as they aligned with the CIT(A)'s order. Case-Laws Income Tax Tue, 08 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185300