https://www.taxtmi.com/caselaws?id=297364 The ITAT Delhi allowed the appeal of the assessee concerning the revision of depreciation allowance under section 263 of the IT Act for the assessment year 2011-12. The tribunal set aside the order issued by the ld. CIT(E) and upheld the assessee's claim for depreciation, citing a precedent established by the Hon'ble Supreme Court. The decision was rendered in favor of the assessee on 4th September 2018. en-us Tue, 04 Sep 2018 00:00:00 +0530 Tue, 31 Aug 2021 22:17:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297364 The ITAT Delhi allowed the appeal of the assessee concerning the revision of depreciation allowance under section 263 of the IT Act for the assessment year 2011-12. The tribunal set aside the order issued by the ld. CIT(E) and upheld the assessee's claim for depreciation, citing a precedent established by the Hon'ble Supreme Court. The decision was rendered in favor of the assessee on 4th September 2018. Case-Laws Income Tax Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297364