https://www.taxtmi.com/caselaws?id=189034 The Tribunal upheld the CIT(A)'s decision to allow depreciation on plant and machinery, recognizing passive use, and maintained the disallowance of depreciation on the pipeline due to an ongoing dispute. The Tribunal dismissed both the Revenue's and the appellant's appeals, affirming the lower court's rulings. en-us Thu, 21 Jul 2016 00:00:00 +0530 Mon, 26 Dec 2016 10:31:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189034 The Tribunal upheld the CIT(A)'s decision to allow depreciation on plant and machinery, recognizing passive use, and maintained the disallowance of depreciation on the pipeline due to an ongoing dispute. The Tribunal dismissed both the Revenue's and the appellant's appeals, affirming the lower court's rulings. Case-Laws Income Tax Thu, 21 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189034