https://www.taxtmi.com/caselaws?id=377282 The appeals filed by the assessee were allowed, and the assessment order was quashed by the ITAT. The ITAT emphasized that the Assessing Officer must adhere to the specific directions provided by higher appellate authorities and not rely on extraneous reports. The judgment highlighted that Energy Meters were eligible for higher depreciation at 80% as per statutory provisions, and the Assessing Officer's failure to comply led to the overturning of the assessment order. en-us Mon, 25 Mar 2019 00:00:00 +0530 Wed, 27 Mar 2019 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377282 The appeals filed by the assessee were allowed, and the assessment order was quashed by the ITAT. The ITAT emphasized that the Assessing Officer must adhere to the specific directions provided by higher appellate authorities and not rely on extraneous reports. The judgment highlighted that Energy Meters were eligible for higher depreciation at 80% as per statutory provisions, and the Assessing Officer's failure to comply led to the overturning of the assessment order. Case-Laws Income Tax Mon, 25 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377282