https://www.taxtmi.com/caselaws?id=408363 The Tribunal ruled in favor of the appellant, setting aside the decision of the Commissioner (Appeals) and directing the Original Authority to calculate depreciation using the straight line method at 2.5% per quarter for reversing the credit on sold capital goods. The Tribunal emphasized the importance of adhering to the scope of appeal grounds and relied on previous decisions supporting the straight line method before a legislative amendment. The appeal was allowed, providing consequential reliefs as per law. en-us Mon, 07 Jun 2021 00:00:00 +0530 Fri, 14 Jan 2022 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408363 The Tribunal ruled in favor of the appellant, setting aside the decision of the Commissioner (Appeals) and directing the Original Authority to calculate depreciation using the straight line method at 2.5% per quarter for reversing the credit on sold capital goods. The Tribunal emphasized the importance of adhering to the scope of appeal grounds and relied on previous decisions supporting the straight line method before a legislative amendment. The appeal was allowed, providing consequential reliefs as per law. Case-Laws Central Excise Mon, 07 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408363