https://www.taxtmi.com/caselaws?id=361121 The Tribunal allowed the revenue's appeal, setting aside the Ld. CIT(A)'s order that deleted the depreciation claim at a higher rate on rolls. The Tribunal directed the Assessing Officer to reconsider the determination of the opening written down value of rolls in accordance with the law, emphasizing the importance of accurate application of depreciation rules and adherence to statutory provisions in tax assessments. en-us Fri, 18 May 2018 00:00:00 +0530 Wed, 30 May 2018 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361121 The Tribunal allowed the revenue's appeal, setting aside the Ld. CIT(A)'s order that deleted the depreciation claim at a higher rate on rolls. The Tribunal directed the Assessing Officer to reconsider the determination of the opening written down value of rolls in accordance with the law, emphasizing the importance of accurate application of depreciation rules and adherence to statutory provisions in tax assessments. Case-Laws Income Tax Fri, 18 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361121