https://www.taxtmi.com/caselaws?id=413185 The Court dismissed the appeal, finding that the issue of deduction on depreciation from gross income estimated at 12.5% on main contractual receipts was a debatable question of law and fact. The Court concluded that the matter involved interpretation of legal principles and was not a clear mistake on record. Therefore, the invocation of jurisdiction under Section 154 was deemed unjustified, leading to the dismissal of the appeal. en-us Thu, 23 Sep 2021 00:00:00 +0530 Fri, 24 Dec 2021 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413185 The Court dismissed the appeal, finding that the issue of deduction on depreciation from gross income estimated at 12.5% on main contractual receipts was a debatable question of law and fact. The Court concluded that the matter involved interpretation of legal principles and was not a clear mistake on record. Therefore, the invocation of jurisdiction under Section 154 was deemed unjustified, leading to the dismissal of the appeal. Case-Laws Income Tax Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413185