https://www.taxtmi.com/caselaws?id=400625 The High Court of Karnataka upheld the decisions of the lower authorities in a tax case involving denial of cross-examination and disallowance of depreciation. The Court ruled in favor of the assessee, emphasizing the importance of factual findings and the principle of not interfering unless the findings were perverse. The appeal by the revenue was dismissed as the Court found no merit in their contentions, affirming the lower authorities' conclusions based on substantial evidence. en-us Tue, 03 Nov 2020 00:00:00 +0530 Wed, 03 Mar 2021 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400625 The High Court of Karnataka upheld the decisions of the lower authorities in a tax case involving denial of cross-examination and disallowance of depreciation. The Court ruled in favor of the assessee, emphasizing the importance of factual findings and the principle of not interfering unless the findings were perverse. The appeal by the revenue was dismissed as the Court found no merit in their contentions, affirming the lower authorities' conclusions based on substantial evidence. Case-Laws Income Tax Tue, 03 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400625