https://www.taxtmi.com/caselaws?id=272939 The Tribunal upheld the FAA's decision, allowing the carry forward of unabsorbed depreciation beyond 8 years, in line with the Gujarat High Court's judgment. The issue of reopening the assessment was not adjudicated due to the decision on merits. The appeal filed by the AO was dismissed, and the order was pronounced on 30th March 2016. en-us Wed, 30 Mar 2016 00:00:00 +0530 Sat, 26 May 2018 07:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272939 The Tribunal upheld the FAA's decision, allowing the carry forward of unabsorbed depreciation beyond 8 years, in line with the Gujarat High Court's judgment. The issue of reopening the assessment was not adjudicated due to the decision on merits. The appeal filed by the AO was dismissed, and the order was pronounced on 30th March 2016. Case-Laws Income Tax Wed, 30 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272939