https://www.taxtmi.com/caselaws?id=347616 The ITAT Mumbai dismissed five Revenue appeals against the same assessee for different Assessment Years, including the disallowance of depreciation on fixed assets and carry forward of deficit. The Tribunal upheld the CIT(A)'s decisions on depreciation and deficit carry forward, relying on legal interpretations and judicial precedents, and dismissed the Revenue's appeals based on the same reasoning for all Assessment Years. The order was pronounced on 31st August 2017. en-us Thu, 31 Aug 2017 00:00:00 +0530 Thu, 07 Sep 2017 14:03:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347616 The ITAT Mumbai dismissed five Revenue appeals against the same assessee for different Assessment Years, including the disallowance of depreciation on fixed assets and carry forward of deficit. The Tribunal upheld the CIT(A)'s decisions on depreciation and deficit carry forward, relying on legal interpretations and judicial precedents, and dismissed the Revenue's appeals based on the same reasoning for all Assessment Years. The order was pronounced on 31st August 2017. Case-Laws Income Tax Thu, 31 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347616