https://www.taxtmi.com/caselaws?id=426926 The Tribunal's consolidated order addressed the legality of reopening assessments, eligibility for depreciation on project berths, and treatment of related expenditures. It consistently disallowed depreciation claims, favored amortization of costs over the license period, upheld validity of reopening assessments based on conflicting judicial precedents, and upheld disallowance of interest expenditure and provisions for doubtful debts where applicable. en-us Tue, 23 Aug 2022 00:00:00 +0530 Sun, 28 Aug 2022 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426926 The Tribunal's consolidated order addressed the legality of reopening assessments, eligibility for depreciation on project berths, and treatment of related expenditures. It consistently disallowed depreciation claims, favored amortization of costs over the license period, upheld validity of reopening assessments based on conflicting judicial precedents, and upheld disallowance of interest expenditure and provisions for doubtful debts where applicable. Case-Laws Income Tax Tue, 23 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426926