https://www.taxtmi.com/caselaws?id=333138 The Appellate Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) in allowing the claims of the assessee related to depreciation, earlier year expenditure adjustment, and eligibility to carry forward expenditure. The Tribunal held that the claims were covered by binding precedence and decisions of the High Court, making them apparent errors on record. The Tribunal dismissed the revenue's appeal, emphasizing that the CIT (Appeals) had the jurisdiction to entertain such claims in the appeal proceedings against the assessment order. en-us Fri, 19 Aug 2016 00:00:00 +0530 Wed, 05 Oct 2016 14:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333138 The Appellate Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) in allowing the claims of the assessee related to depreciation, earlier year expenditure adjustment, and eligibility to carry forward expenditure. The Tribunal held that the claims were covered by binding precedence and decisions of the High Court, making them apparent errors on record. The Tribunal dismissed the revenue's appeal, emphasizing that the CIT (Appeals) had the jurisdiction to entertain such claims in the appeal proceedings against the assessment order. Case-Laws Income Tax Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333138