https://www.taxtmi.com/caselaws?id=433824 The ITAT Delhi dismissed the Revenue's appeal, upholding the CIT(A)'s decision on the allowability of depreciation, carried forward deficit, and the prospective application of section 11(6). The judgment was based on detailed analysis, legal interpretations, and precedents, ensuring compliance with the relevant provisions of the Income Tax Act. en-us Tue, 07 Feb 2023 00:00:00 +0530 Fri, 10 Feb 2023 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433824 The ITAT Delhi dismissed the Revenue's appeal, upholding the CIT(A)'s decision on the allowability of depreciation, carried forward deficit, and the prospective application of section 11(6). The judgment was based on detailed analysis, legal interpretations, and precedents, ensuring compliance with the relevant provisions of the Income Tax Act. Case-Laws Income Tax Tue, 07 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433824