https://www.taxtmi.com/caselaws?id=374420 The case involved issues regarding the disallowance of depreciation claimed by the assessee and the claim of deduction under section 80IC with the submission of the audit report in Form 10CCB. The Assessing Officer disallowed the depreciation claimed by the assessee, resulting in the assessment of total income at a lower amount. The CIT(A) upheld the disallowance decision, but the ITAT directed a review of the depreciation claim. Regarding the deduction under section 80IC, the CIT(A) directed the Assessing Officer to allow it, which was upheld by the ITAT. The appeals were allowed for statistical purposes. en-us Mon, 28 Jan 2019 00:00:00 +0530 Thu, 31 Jan 2019 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374420 The case involved issues regarding the disallowance of depreciation claimed by the assessee and the claim of deduction under section 80IC with the submission of the audit report in Form 10CCB. The Assessing Officer disallowed the depreciation claimed by the assessee, resulting in the assessment of total income at a lower amount. The CIT(A) upheld the disallowance decision, but the ITAT directed a review of the depreciation claim. Regarding the deduction under section 80IC, the CIT(A) directed the Assessing Officer to allow it, which was upheld by the ITAT. The appeals were allowed for statistical purposes. Case-Laws Income Tax Mon, 28 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374420