https://www.taxtmi.com/caselaws?id=356100 The Tribunal dismissed the Revenue's appeals and upheld the Commissioner of Income Tax (Appeals) decisions on all issues. The Tribunal found the Assessing Officer's disallowances and depreciation calculations to be based on incorrect assumptions, supporting the CIT(A)'s conclusions with appropriate evidence and judicial precedents. The CIT(A) had deleted additions for purchase of tyres and depreciation on fixed assets, allowed 30% depreciation on dumpers and tippers, and deleted an addition for non-deduction of TDS under relevant provisions. en-us Mon, 19 Feb 2018 00:00:00 +0530 Sat, 24 Feb 2018 08:23:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356100 The Tribunal dismissed the Revenue's appeals and upheld the Commissioner of Income Tax (Appeals) decisions on all issues. The Tribunal found the Assessing Officer's disallowances and depreciation calculations to be based on incorrect assumptions, supporting the CIT(A)'s conclusions with appropriate evidence and judicial precedents. The CIT(A) had deleted additions for purchase of tyres and depreciation on fixed assets, allowed 30% depreciation on dumpers and tippers, and deleted an addition for non-deduction of TDS under relevant provisions. Case-Laws Income Tax Mon, 19 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356100