https://www.taxtmi.com/caselaws?id=432536 The Court dismissed the appeal, finding no substantial question of law arising for consideration. The judgment emphasized the importance of considering the nature of expenditure, specific provisions of the Income Tax Act, and directions from the Tribunal in determining the eligibility of depreciation for expenses related to assets such as stock exchange membership cards. The Assessing Officer was directed to provide a personal hearing to the appellant's representative and conclude the proceedings within twelve weeks. en-us Thu, 05 Jan 2023 00:00:00 +0530 Sat, 07 Jan 2023 08:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432536 The Court dismissed the appeal, finding no substantial question of law arising for consideration. The judgment emphasized the importance of considering the nature of expenditure, specific provisions of the Income Tax Act, and directions from the Tribunal in determining the eligibility of depreciation for expenses related to assets such as stock exchange membership cards. The Assessing Officer was directed to provide a personal hearing to the appellant's representative and conclude the proceedings within twelve weeks. Case-Laws Income Tax Thu, 05 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432536