https://www.taxtmi.com/caselaws?id=426019 The Tribunal remanded the case back to the Assessing Officer (AO) for re-examination of the denial of 100% depreciation claim on temporary structures. The Tribunal highlighted that the additional evidence and legal precedents presented by the assessee were not fully considered by the Commissioner of Income Tax (Appeals) [CIT(A)]. The AO was instructed to reassess the claim in line with the law, giving the assessee an opportunity to substantiate their claim. The appeals were allowed for statistical purposes, emphasizing the need for a comprehensive review of evidence to ascertain eligibility for 100% depreciation on temporary structures. en-us Wed, 03 Aug 2022 00:00:00 +0530 Sat, 06 Aug 2022 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426019 The Tribunal remanded the case back to the Assessing Officer (AO) for re-examination of the denial of 100% depreciation claim on temporary structures. The Tribunal highlighted that the additional evidence and legal precedents presented by the assessee were not fully considered by the Commissioner of Income Tax (Appeals) [CIT(A)]. The AO was instructed to reassess the claim in line with the law, giving the assessee an opportunity to substantiate their claim. The appeals were allowed for statistical purposes, emphasizing the need for a comprehensive review of evidence to ascertain eligibility for 100% depreciation on temporary structures. Case-Laws Income Tax Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426019