https://www.taxtmi.com/caselaws?id=763189 ITAT Delhi allowed the assessee's appeal against CIT(A)'s order under sections 154 and 250. The tribunal found that AO erroneously disallowed amortization of telecom license under section 35ABB and depreciation on telecom spectrum usage rights under section 32 through rectification order, failing to appreciate these were separate distinct claims. CIT(A) committed jurisdictional error by disallowing amount of Rs. 2,77,04,74,906 which was outside the scope of appeal before him and pertained to separate proceedings. The tribunal deleted additions made by both AO and CIT(A), ruling their actions were legally unsustainable. en-us Thu, 12 Dec 2024 00:00:00 +0530 Sat, 14 Dec 2024 07:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763189 ITAT Delhi allowed the assessee's appeal against CIT(A)'s order under sections 154 and 250. The tribunal found that AO erroneously disallowed amortization of telecom license under section 35ABB and depreciation on telecom spectrum usage rights under section 32 through rectification order, failing to appreciate these were separate distinct claims. CIT(A) committed jurisdictional error by disallowing amount of Rs. 2,77,04,74,906 which was outside the scope of appeal before him and pertained to separate proceedings. The tribunal deleted additions made by both AO and CIT(A), ruling their actions were legally unsustainable. Case-Laws Income Tax Thu, 12 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763189