https://www.taxtmi.com/caselaws?id=286136 The Tribunal dismissed all three appeals filed by the revenue, upholding the CIT(A)'s decisions on disallowance of depreciation on infrastructure facility, foreign exchange losses, and treatment of speculation loss as business loss. The Tribunal emphasized consistency in the assessee's accounting methods and referred to judicial pronouncements supporting the assessee's claims. The order was pronounced on 28-06-2019. en-us Fri, 28 Jun 2019 00:00:00 +0530 Thu, 13 Feb 2020 15:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286136 The Tribunal dismissed all three appeals filed by the revenue, upholding the CIT(A)'s decisions on disallowance of depreciation on infrastructure facility, foreign exchange losses, and treatment of speculation loss as business loss. The Tribunal emphasized consistency in the assessee's accounting methods and referred to judicial pronouncements supporting the assessee's claims. The order was pronounced on 28-06-2019. Case-Laws Income Tax Fri, 28 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286136