https://www.taxtmi.com/highlights?id=55818 Depreciation on leased assets u/s 32 - In the instant case, the revenue has accepted the claim of the assessee for depreciation under Section 32 of the Act for the Assessment Year 2002-03 and 2003-04. Therefore, the revenue cannot be allowed to take a different stand for the Assessment Year 2004-05 - HC en-us Wed, 09 Dec 2020 11:47:34 +0530 Wed, 09 Dec 2020 11:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55818 Depreciation on leased assets u/s 32 - In the instant case, the revenue has accepted the claim of the assessee for depreciation under Section 32 of the Act for the Assessment Year 2002-03 and 2003-04. Therefore, the revenue cannot be allowed to take a different stand for the Assessment Year 2004-05 - HC Highlights Income Tax Wed, 09 Dec 2020 11:47:34 +0530 https://www.taxtmi.com/highlights?id=55818