https://www.taxtmi.com/caselaws?id=292414 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on two issues. Firstly, the appellant was granted a higher rate of depreciation at 30% on dumpers used in the transportation business. Secondly, the deletion of a Rs. 10 lakh addition for non-verifiable expenses was justified due to the lack of specific defects in vouchers and the nature of the expenses. The Revenue's appeals were dismissed, and the judgment favored the assessee. en-us Fri, 28 Feb 2020 00:00:00 +0530 Tue, 22 Dec 2020 20:13:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292414 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on two issues. Firstly, the appellant was granted a higher rate of depreciation at 30% on dumpers used in the transportation business. Secondly, the deletion of a Rs. 10 lakh addition for non-verifiable expenses was justified due to the lack of specific defects in vouchers and the nature of the expenses. The Revenue's appeals were dismissed, and the judgment favored the assessee. Case-Laws Income Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292414