https://www.taxtmi.com/caselaws?id=273109 The Tribunal allowed the deduction under Section 80IA for Inland Container Depots (ICDs) and Container Freight Stations (CFS) based on the Delhi High Court's ruling that they qualify as "inland ports." Depreciation on registration fees paid to the Ministry of Railways was allowed as a commercial right. The deletion of addition on assets retired from active use, termination of contracts, and depreciation on leasehold land was upheld. The Tribunal remanded the issue of income from undelivered containers for further assessment. The allowance of deduction for rolling stock under Section 80IA was affirmed, while the decision on depreciation on land and computer peripherals was remanded for clarification. en-us Thu, 19 Jan 2017 00:00:00 +0530 Wed, 06 Jun 2018 12:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273109 The Tribunal allowed the deduction under Section 80IA for Inland Container Depots (ICDs) and Container Freight Stations (CFS) based on the Delhi High Court's ruling that they qualify as "inland ports." Depreciation on registration fees paid to the Ministry of Railways was allowed as a commercial right. The deletion of addition on assets retired from active use, termination of contracts, and depreciation on leasehold land was upheld. The Tribunal remanded the issue of income from undelivered containers for further assessment. The allowance of deduction for rolling stock under Section 80IA was affirmed, while the decision on depreciation on land and computer peripherals was remanded for clarification. Case-Laws Income Tax Thu, 19 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273109