https://www.taxtmi.com/caselaws?id=286199 The High Court of Bombay considered challenges raised by the Revenue against the Income Tax Appellate Tribunal's orders for Assessment Year 2011-12. The Court emphasized the importance of proper drafting of legal questions and granted time for amendments before the appeal hearing, adjourning the case to a later date. The specific issues regarding the Commissioner's order under Section 263, the AO's order under Section 154, and the set-off of unabsorbed depreciation against deemed income were discussed, with the Court directing the necessary steps for clarification and resolution. en-us Mon, 04 Nov 2019 00:00:00 +0530 Sun, 16 Feb 2020 08:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286199 The High Court of Bombay considered challenges raised by the Revenue against the Income Tax Appellate Tribunal's orders for Assessment Year 2011-12. The Court emphasized the importance of proper drafting of legal questions and granted time for amendments before the appeal hearing, adjourning the case to a later date. The specific issues regarding the Commissioner's order under Section 263, the AO's order under Section 154, and the set-off of unabsorbed depreciation against deemed income were discussed, with the Court directing the necessary steps for clarification and resolution. Case-Laws Income Tax Mon, 04 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286199