https://www.taxtmi.com/caselaws?id=278538 The ITAT dismissed the Revenue's appeal, upholding the Ld. CIT(A)'s decision on disallowance of depreciation under section 11(1) of the Income Tax Act, 1961, and the treatment of the carry forward deficit. The ITAT found the issues were settled by the Bombay High Court's decisions, rejecting the Revenue's arguments based on Supreme Court judgments. The decision was rendered on 27/02/2014. en-us Thu, 27 Feb 2014 00:00:00 +0530 Tue, 12 Feb 2019 07:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278538 The ITAT dismissed the Revenue's appeal, upholding the Ld. CIT(A)'s decision on disallowance of depreciation under section 11(1) of the Income Tax Act, 1961, and the treatment of the carry forward deficit. The ITAT found the issues were settled by the Bombay High Court's decisions, rejecting the Revenue's arguments based on Supreme Court judgments. The decision was rendered on 27/02/2014. Case-Laws Income Tax Thu, 27 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278538