https://www.taxtmi.com/caselaws?id=13793 The court held that the Inspecting Assistant Commissioner retains jurisdiction under section 144A until the assessment is completed, disagreeing with the Tribunal's interpretation. Consequently, the Tribunal must assess the merits of the depreciation claim. The court affirmed the assessee's entitlement to relief under section 80J, following the precedent set in CIT v. J. B. Kharwar and Sons [1987] 163 ITR 394. The outcome favored the Revenue on questions 1 and 2, while question 3 was decided in favor of the assessee. en-us Fri, 24 Mar 1995 00:00:00 +0530 Thu, 02 Jul 2009 17:29:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13793 The court held that the Inspecting Assistant Commissioner retains jurisdiction under section 144A until the assessment is completed, disagreeing with the Tribunal's interpretation. Consequently, the Tribunal must assess the merits of the depreciation claim. The court affirmed the assessee's entitlement to relief under section 80J, following the precedent set in CIT v. J. B. Kharwar and Sons [1987] 163 ITR 394. The outcome favored the Revenue on questions 1 and 2, while question 3 was decided in favor of the assessee. Case-Laws Income Tax Fri, 24 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13793