https://www.taxtmi.com/caselaws?id=198953 The High Court of Calcutta upheld the Income Tax Appellate Tribunal's decision to delete the depreciation claim, citing Section 33AB(1) and 33AB(4) of the Act. The Court also dismissed the appeal regarding cess paid under the Agricultural Income Tax Act, stating that the judgment of a Bench of coordinate strength is binding and no substantial question of law was found. Consequently, the Court affirmed the decisions of the Tribunal and the Commissioner of Income Tax (Appeals), leading to the dismissal of the Revenue's appeal. en-us Mon, 17 Jun 2013 00:00:00 +0530 Wed, 14 Feb 2018 16:31:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198953 The High Court of Calcutta upheld the Income Tax Appellate Tribunal's decision to delete the depreciation claim, citing Section 33AB(1) and 33AB(4) of the Act. The Court also dismissed the appeal regarding cess paid under the Agricultural Income Tax Act, stating that the judgment of a Bench of coordinate strength is binding and no substantial question of law was found. Consequently, the Court affirmed the decisions of the Tribunal and the Commissioner of Income Tax (Appeals), leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Mon, 17 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198953