https://www.taxtmi.com/caselaws?id=383918 The High Court dismissed the Revenue's appeal, affirming the ITAT's decision that the Assessee could claim depreciation and the benefit of statutory deduction under Section 80IC. The Court found the depreciation issue to be revenue neutral and academic, given the Assessee's eligibility for Section 80IC benefits, ultimately concluding that no substantial legal question arose. en-us Wed, 24 Jul 2019 00:00:00 +0530 Fri, 02 Aug 2019 06:27:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383918 The High Court dismissed the Revenue's appeal, affirming the ITAT's decision that the Assessee could claim depreciation and the benefit of statutory deduction under Section 80IC. The Court found the depreciation issue to be revenue neutral and academic, given the Assessee's eligibility for Section 80IC benefits, ultimately concluding that no substantial legal question arose. Case-Laws Income Tax Wed, 24 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383918