https://www.taxtmi.com/caselaws?id=415372 The Tribunal allowed the appeal, ruling in favor of the assessee and directing the deletion of the added depreciation amounts from contract income and Tripper income. The Tribunal found that the assessee had not claimed depreciation under sections 44AD and 44AE as assumed by the authorities, leading to the incorrect additions by the Assessing Officer and Ld. CIT(A). The order was pronounced on 12th October 2021. en-us Tue, 12 Oct 2021 00:00:00 +0530 Sat, 04 Dec 2021 08:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415372 The Tribunal allowed the appeal, ruling in favor of the assessee and directing the deletion of the added depreciation amounts from contract income and Tripper income. The Tribunal found that the assessee had not claimed depreciation under sections 44AD and 44AE as assumed by the authorities, leading to the incorrect additions by the Assessing Officer and Ld. CIT(A). The order was pronounced on 12th October 2021. Case-Laws Income Tax Tue, 12 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415372