https://www.taxtmi.com/caselaws?id=424566 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to allow the carry forward of unabsorbed depreciation for AY 2000-01 and 2001-02. The Tribunal found no reason to interfere with the CIT(A)'s order, as it was in line with the precedent set by the Jurisdictional High Court. The lack of contradictory decisions from higher authorities further supported the dismissal of the appeal. en-us Thu, 30 Jun 2022 00:00:00 +0530 Mon, 04 Jul 2022 09:08:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424566 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to allow the carry forward of unabsorbed depreciation for AY 2000-01 and 2001-02. The Tribunal found no reason to interfere with the CIT(A)'s order, as it was in line with the precedent set by the Jurisdictional High Court. The lack of contradictory decisions from higher authorities further supported the dismissal of the appeal. Case-Laws Income Tax Thu, 30 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424566