https://www.taxtmi.com/caselaws?id=340444 The Income Tax Appellate Tribunal (ITAT) upheld the decision to dismiss the appeal, emphasizing the appellant's failure to provide sufficient evidence and details to substantiate the claim for depreciation on fixed assets. The judgment highlighted the importance of concrete proof of asset acquisition and ownership to support depreciation claims under the Income Tax Act. en-us Wed, 15 Mar 2017 00:00:00 +0530 Wed, 22 Mar 2017 08:11:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340444 The Income Tax Appellate Tribunal (ITAT) upheld the decision to dismiss the appeal, emphasizing the appellant's failure to provide sufficient evidence and details to substantiate the claim for depreciation on fixed assets. The judgment highlighted the importance of concrete proof of asset acquisition and ownership to support depreciation claims under the Income Tax Act. Case-Laws Income Tax Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340444