https://www.taxtmi.com/caselaws?id=417861 The Tribunal dismissed the Revenue's appeal challenging the CIT(A) order on depreciation on investment and deduction u/s.36(1)(viia), affirming that the issues were debatable and not rectifiable under section 154 of the Income Tax Act, 1961. The Tribunal found that the CIT(A) had thoroughly considered the matter, citing relevant legal precedents in favor of the assessee. Consequently, the appeal was dismissed, upholding the CIT(A)'s decision on the debatable nature of the issues raised by the Revenue. en-us Mon, 31 Jan 2022 00:00:00 +0530 Thu, 03 Feb 2022 07:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417861 The Tribunal dismissed the Revenue's appeal challenging the CIT(A) order on depreciation on investment and deduction u/s.36(1)(viia), affirming that the issues were debatable and not rectifiable under section 154 of the Income Tax Act, 1961. The Tribunal found that the CIT(A) had thoroughly considered the matter, citing relevant legal precedents in favor of the assessee. Consequently, the appeal was dismissed, upholding the CIT(A)'s decision on the debatable nature of the issues raised by the Revenue. Case-Laws Income Tax Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417861