https://www.taxtmi.com/caselaws?id=412357 The Tribunal allowed the appellant's appeal regarding the rectification of assessed income under section 154 of the Income Tax Act. The appellant's contentions on the correct allowance of depreciation were upheld, emphasizing that matters decided in appeal cannot be amended under section 154(1A) of the Act. The Tribunal reversed the order under appeal, specifically concerning the depreciation allowance issue, leading to the acceptance of the appellant's grievance. en-us Tue, 14 Sep 2021 00:00:00 +0530 Thu, 16 Sep 2021 09:05:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412357 The Tribunal allowed the appellant's appeal regarding the rectification of assessed income under section 154 of the Income Tax Act. The appellant's contentions on the correct allowance of depreciation were upheld, emphasizing that matters decided in appeal cannot be amended under section 154(1A) of the Act. The Tribunal reversed the order under appeal, specifically concerning the depreciation allowance issue, leading to the acceptance of the appellant's grievance. Case-Laws Income Tax Tue, 14 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412357