https://www.taxtmi.com/caselaws?id=362055 The Tribunal upheld the CIT(A)'s decisions on both issues, dismissing the Revenue's appeal. The higher depreciation rate claimed on transmit complete mixer and loaders was allowed based on judicial decisions, and the disallowance of interest paid without deducting TDS was upheld, emphasizing the special nature of Section 40(a)(ia). The Tribunal found no substance in the Revenue's arguments and concluded that no distinction on facts or law was pointed out in the Revenue's plea. en-us Wed, 13 Jun 2018 00:00:00 +0530 Mon, 18 Jun 2018 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362055 The Tribunal upheld the CIT(A)'s decisions on both issues, dismissing the Revenue's appeal. The higher depreciation rate claimed on transmit complete mixer and loaders was allowed based on judicial decisions, and the disallowance of interest paid without deducting TDS was upheld, emphasizing the special nature of Section 40(a)(ia). The Tribunal found no substance in the Revenue's arguments and concluded that no distinction on facts or law was pointed out in the Revenue's plea. Case-Laws Income Tax Wed, 13 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362055