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    <title>2025 (10) TMI 533 - ITAT DELHI</title>
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    <description>ITAT, Delhi - AT held that the assessee is entitled to depreciation on shuttering material at 15% rather than 100%. The tribunal followed the Andhra Pradesh HC precedent and set aside the impugned order, restoring the assessment officer&#039;s order allowing 15% depreciation. Consequently, the Revenue succeeds on the core issue.</description>
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      <description>ITAT, Delhi - AT held that the assessee is entitled to depreciation on shuttering material at 15% rather than 100%. The tribunal followed the Andhra Pradesh HC precedent and set aside the impugned order, restoring the assessment officer&#039;s order allowing 15% depreciation. Consequently, the Revenue succeeds on the core issue.</description>
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