https://www.taxtmi.com/caselaws?id=448146 ITAT Ahmedabad dismissed assessee's appeal regarding depreciation on assets used for more than 180 days, upholding CIT-A's direction to provide commissioning details to AO for correct computation. On government grant subsidy income recognition, matter was restored to AO for fresh adjudication following precedent. CIT-A's enhancement of assessed income without providing reasonable opportunity of hearing was set aside as violative of section 251(2). Regarding unpaid service tax under section 43B, ITAT directed AO to allow deduction in year of actual payment. MAT computation appeal dismissed as deferred tax assets disallowance was covered by amended explanation 1 to section 115JB with retrospective effect. en-us Thu, 16 Nov 2023 00:00:00 +0530 Thu, 11 Jan 2024 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448146 ITAT Ahmedabad dismissed assessee's appeal regarding depreciation on assets used for more than 180 days, upholding CIT-A's direction to provide commissioning details to AO for correct computation. On government grant subsidy income recognition, matter was restored to AO for fresh adjudication following precedent. CIT-A's enhancement of assessed income without providing reasonable opportunity of hearing was set aside as violative of section 251(2). Regarding unpaid service tax under section 43B, ITAT directed AO to allow deduction in year of actual payment. MAT computation appeal dismissed as deferred tax assets disallowance was covered by amended explanation 1 to section 115JB with retrospective effect. Case-Laws Income Tax Thu, 16 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448146