https://www.taxtmi.com/caselaws?id=415924 The tribunal partially allowed the appeal filed by the assessee against the order of the CIT(A). It held that the additional depreciation claimed was allowable as per Section 32(1)(iia), rejecting the restriction on claiming the balance 50% in the succeeding year. The additions on interest income adjustment and undisclosed income/TDS were not pressed by the appellant and were dismissed. The tribunal's decision was pronounced on November 11, 2021, in the presence of both parties. en-us Thu, 11 Nov 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:52:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415924 The tribunal partially allowed the appeal filed by the assessee against the order of the CIT(A). It held that the additional depreciation claimed was allowable as per Section 32(1)(iia), rejecting the restriction on claiming the balance 50% in the succeeding year. The additions on interest income adjustment and undisclosed income/TDS were not pressed by the appellant and were dismissed. The tribunal's decision was pronounced on November 11, 2021, in the presence of both parties. Case-Laws Income Tax Thu, 11 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415924