https://www.taxtmi.com/caselaws?id=389802 The Tribunal upheld the deletion of penalties and disallowances by the CIT(A) concerning claims related to depreciation on the fall in value of investment and software expenditure. The Revenue's appeals were dismissed, with the Tribunal relying on judicial precedents and decisions of the High Court, ultimately ruling in favor of the assessee. en-us Wed, 11 Dec 2019 00:00:00 +0530 Tue, 17 Dec 2019 15:40:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389802 The Tribunal upheld the deletion of penalties and disallowances by the CIT(A) concerning claims related to depreciation on the fall in value of investment and software expenditure. The Revenue's appeals were dismissed, with the Tribunal relying on judicial precedents and decisions of the High Court, ultimately ruling in favor of the assessee. Case-Laws Income Tax Wed, 11 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389802