https://www.taxtmi.com/caselaws?id=334435 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on all issues. The Tribunal confirmed the condonation of delay, allowed the depreciation claim, upheld the deletion of disallowances for interest and management fees, recognized repair expenses as revenue expenditure, and permitted the carry forward of unabsorbed depreciation. en-us Fri, 21 Oct 2016 00:00:00 +0530 Sat, 12 Nov 2016 21:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334435 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on all issues. The Tribunal confirmed the condonation of delay, allowed the depreciation claim, upheld the deletion of disallowances for interest and management fees, recognized repair expenses as revenue expenditure, and permitted the carry forward of unabsorbed depreciation. Case-Laws Income Tax Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334435