https://www.taxtmi.com/caselaws?id=433647 The Tribunal partly allowed the appeal against the Principal Commissioner of Income Tax's order under Section 263, directing the Assessing Officer to verify the depreciation claim on buses and reassess the claim under Section 54B. The appeal related to the order under Section 154 was allowed for statistical purposes, instructing the AO to consider additional evidence for the deduction under Section 54F. The Tribunal deemed the pending appeal before the CIT(A) irrelevant and advised withdrawal by the assessee. en-us Mon, 16 Jan 2023 00:00:00 +0530 Mon, 06 Feb 2023 09:16:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433647 The Tribunal partly allowed the appeal against the Principal Commissioner of Income Tax's order under Section 263, directing the Assessing Officer to verify the depreciation claim on buses and reassess the claim under Section 54B. The appeal related to the order under Section 154 was allowed for statistical purposes, instructing the AO to consider additional evidence for the deduction under Section 54F. The Tribunal deemed the pending appeal before the CIT(A) irrelevant and advised withdrawal by the assessee. Case-Laws Income Tax Mon, 16 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433647