https://www.taxtmi.com/caselaws?id=370650 The Tribunal allowed the assessee's appeal, overturning the disallowance of labor expenditure as the expenses were incurred for business purposes and doubts raised were not substantial. The Tribunal directed a reevaluation of the depreciation claim, clarifying that the dispute was about the rate of depreciation for vehicles used in construction, not additional depreciation eligibility. The appeal was partly allowed for statistical purposes, emphasizing the correct rate of depreciation for the vehicles. en-us Tue, 23 Oct 2018 00:00:00 +0530 Wed, 21 Nov 2018 21:30:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370650 The Tribunal allowed the assessee's appeal, overturning the disallowance of labor expenditure as the expenses were incurred for business purposes and doubts raised were not substantial. The Tribunal directed a reevaluation of the depreciation claim, clarifying that the dispute was about the rate of depreciation for vehicles used in construction, not additional depreciation eligibility. The appeal was partly allowed for statistical purposes, emphasizing the correct rate of depreciation for the vehicles. Case-Laws Income Tax Tue, 23 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370650