https://www.taxtmi.com/caselaws?id=463686 ITAT MUMBAI - AT allowed the assessee's depreciation claim for business/commercial rights arising from manufacturing, supply and maintenance contracts, directing the AO to follow the Tribunal's prior decision for AY 2010-11. The tribunal also directed the AO to consider brought-forward unabsorbed depreciation in accordance with Tribunal orders for AYs 2008-09 to 2014-15, treating those grounds as allowed for statistical purposes. Regarding short TDS credit, the AO was directed to verify records and grant the differential TDS credit if the corresponding income was offered to tax and the credit appears in Form 26AS for AY 2015-16. en-us Thu, 31 Jul 2025 00:00:00 +0530 Wed, 10 Sep 2025 17:33:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463686 ITAT MUMBAI - AT allowed the assessee's depreciation claim for business/commercial rights arising from manufacturing, supply and maintenance contracts, directing the AO to follow the Tribunal's prior decision for AY 2010-11. The tribunal also directed the AO to consider brought-forward unabsorbed depreciation in accordance with Tribunal orders for AYs 2008-09 to 2014-15, treating those grounds as allowed for statistical purposes. Regarding short TDS credit, the AO was directed to verify records and grant the differential TDS credit if the corresponding income was offered to tax and the credit appears in Form 26AS for AY 2015-16. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463686