https://www.taxtmi.com/caselaws?id=17454 The High Court of Andhra Pradesh upheld the Appellate Tribunal's decision directing the withdrawal of depreciation deductions allowed by the Income-tax Officer for the assessment years 1980-81 and 1981-82. The Court found that the Tribunal was justified in upholding the order of the Commissioner of Income-tax (Appeals) based on the failure of the assessee to claim depreciation or furnish prescribed particulars as required by law. The Court referenced various cases and concluded that the Tribunal's decision was justified under the circumstances and legal provisions. The reference was answered against the Revenue in favor of the assessee, with no costs awarded. en-us Fri, 09 Aug 1996 00:00:00 +0530 Tue, 22 Sep 2009 14:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17454 The High Court of Andhra Pradesh upheld the Appellate Tribunal's decision directing the withdrawal of depreciation deductions allowed by the Income-tax Officer for the assessment years 1980-81 and 1981-82. The Court found that the Tribunal was justified in upholding the order of the Commissioner of Income-tax (Appeals) based on the failure of the assessee to claim depreciation or furnish prescribed particulars as required by law. The Court referenced various cases and concluded that the Tribunal's decision was justified under the circumstances and legal provisions. The reference was answered against the Revenue in favor of the assessee, with no costs awarded. Case-Laws Income Tax Fri, 09 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17454