https://www.taxtmi.com/caselaws?id=374741 The Tribunal upheld the decision to grant depreciation on the asset 'Right to Collect Toll' for the assessment year 2013-14 in the case involving M/s. Ashoka Highways (Durg) Limited and M/s. Ashoka Highways (Bhandara) Limited. The Appeals by the Revenue were dismissed as the Tribunal found that the ld. CIT(A) correctly allowed the depreciation based on Tribunal orders related to the assessee's sister concern and no evidence was provided to challenge this decision. en-us Tue, 05 Feb 2019 00:00:00 +0530 Fri, 08 Feb 2019 06:31:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374741 The Tribunal upheld the decision to grant depreciation on the asset 'Right to Collect Toll' for the assessment year 2013-14 in the case involving M/s. Ashoka Highways (Durg) Limited and M/s. Ashoka Highways (Bhandara) Limited. The Appeals by the Revenue were dismissed as the Tribunal found that the ld. CIT(A) correctly allowed the depreciation based on Tribunal orders related to the assessee's sister concern and no evidence was provided to challenge this decision. Case-Laws Income Tax Tue, 05 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374741