https://www.taxtmi.com/caselaws?id=382948 The High Court dismissed the Revenue's appeal against the ITAT's order for the Assessment Year 2009-2010. The Court upheld the decisions of the lower authorities regarding the disallowance of depreciation claimed at a higher rate on POS terminals and expenses incurred in software development and upgradation. The Court found no grounds to question the rulings and affirmed that the issues had already been settled in previous judgments, ultimately ruling in favor of the Assessee. en-us Tue, 09 Jul 2019 00:00:00 +0530 Sat, 13 Jul 2019 08:04:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382948 The High Court dismissed the Revenue's appeal against the ITAT's order for the Assessment Year 2009-2010. The Court upheld the decisions of the lower authorities regarding the disallowance of depreciation claimed at a higher rate on POS terminals and expenses incurred in software development and upgradation. The Court found no grounds to question the rulings and affirmed that the issues had already been settled in previous judgments, ultimately ruling in favor of the Assessee. Case-Laws Income Tax Tue, 09 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382948