https://www.taxtmi.com/caselaws?id=783745 Whether CPC could reduce depreciation from 30% to 15% on goods carriage vehicles while processing the return under s.143(1) was the dominant issue. The ITAT held that adjustments under s.143(1)(a) are confined to arithmetical errors and incorrect claims apparent from the return; issues requiring examination of law or facts, where two views are possible, fall outside the mechanical scope of s.143(1) and can be addressed only in scrutiny or reassessment. On merits, higher depreciation at 30% is allowable for goods carriages run "on hire," which includes use in the assessee's transportation business of carrying goods on hire, consistent with SC law. The disallowance was held unjustified and the addition was deleted; appeal allowed. en-us Tue, 16 Dec 2025 00:00:00 +0530 Mon, 22 Dec 2025 07:49:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783745 Whether CPC could reduce depreciation from 30% to 15% on goods carriage vehicles while processing the return under s.143(1) was the dominant issue. The ITAT held that adjustments under s.143(1)(a) are confined to arithmetical errors and incorrect claims apparent from the return; issues requiring examination of law or facts, where two views are possible, fall outside the mechanical scope of s.143(1) and can be addressed only in scrutiny or reassessment. On merits, higher depreciation at 30% is allowable for goods carriages run "on hire," which includes use in the assessee's transportation business of carrying goods on hire, consistent with SC law. The disallowance was held unjustified and the addition was deleted; appeal allowed. Case-Laws Income Tax Tue, 16 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783745