https://www.taxtmi.com/caselaws?id=384467 The Court dismissed the Tax Appeal under Section 260A of the Income Tax Act, 1961, upholding the decision of the Appellate Tribunal for the assessment year 2013-14. The Court found that the issue had already been conclusively settled in a prior case, referencing General Motors Pvt Ltd vs. Deputy CIT [354 ITR 244]. Therefore, the Court ruled against the Revenue's contentions and affirmed the deletion of Rs. 5,17,72,276 related to the disallowance of carry forward of unabsorbed depreciation made by the Assessing Officer. en-us Tue, 06 Aug 2019 00:00:00 +0530 Wed, 14 Aug 2019 07:05:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384467 The Court dismissed the Tax Appeal under Section 260A of the Income Tax Act, 1961, upholding the decision of the Appellate Tribunal for the assessment year 2013-14. The Court found that the issue had already been conclusively settled in a prior case, referencing General Motors Pvt Ltd vs. Deputy CIT [354 ITR 244]. Therefore, the Court ruled against the Revenue's contentions and affirmed the deletion of Rs. 5,17,72,276 related to the disallowance of carry forward of unabsorbed depreciation made by the Assessing Officer. Case-Laws Income Tax Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384467