https://www.taxtmi.com/caselaws?id=195155 The tribunal annulled assessments for 2006-07 and 2007-08 due to lack of incriminating material. It allowed depreciation claim on 'Licence/Right to Collect Toll' as an intangible asset for 2008-09 to 2011-12. The addition for suppression of toll receipts was restricted to the year with evidence, rejecting extrapolation for other years. Appeals for 2008-09 to 2011-12 were partly allowed. en-us Fri, 30 Jun 2017 00:00:00 +0530 Tue, 17 Oct 2017 08:21:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195155 The tribunal annulled assessments for 2006-07 and 2007-08 due to lack of incriminating material. It allowed depreciation claim on 'Licence/Right to Collect Toll' as an intangible asset for 2008-09 to 2011-12. The addition for suppression of toll receipts was restricted to the year with evidence, rejecting extrapolation for other years. Appeals for 2008-09 to 2011-12 were partly allowed. Case-Laws Income Tax Fri, 30 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195155