https://www.taxtmi.com/caselaws?id=279958 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2008-09. The appellant's arguments regarding depreciation claim and carry forward of deficit were rejected as the issues had already been settled in favor of the respondent based on previous court precedents. The Tribunal's decisions were found to be in line with established legal principles, and no substantial question of law arose for consideration. Consequently, the appeal was dismissed with no order as to costs. en-us Tue, 02 Aug 2016 00:00:00 +0530 Fri, 31 Jul 2026 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279958 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2008-09. The appellant's arguments regarding depreciation claim and carry forward of deficit were rejected as the issues had already been settled in favor of the respondent based on previous court precedents. The Tribunal's decisions were found to be in line with established legal principles, and no substantial question of law arose for consideration. Consequently, the appeal was dismissed with no order as to costs. Case-Laws Income Tax Tue, 02 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279958