https://www.taxtmi.com/caselaws?id=787610 The issue concerns entitlement to depreciation on project expenditure capitalised as intangible assets by a special purpose vehicle undertaking a DBOT highway project. The Tribunal applied existing precedent, including a Special Bench ruling and the assessee's earlier-year tribunal decisions, treating the capitalised project cost as eligible for depreciation and recognising opening written down value treatment; ownership arguments relied on by the Assessing Officer were rejected in view of consistent precedent. The Commissioner (Appeals) deletion of the disallowance was found consistent with prior orders and thus sustained. en-us Wed, 07 Jan 2026 00:00:00 +0530 Tue, 10 Mar 2026 08:51:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787610 The issue concerns entitlement to depreciation on project expenditure capitalised as intangible assets by a special purpose vehicle undertaking a DBOT highway project. The Tribunal applied existing precedent, including a Special Bench ruling and the assessee's earlier-year tribunal decisions, treating the capitalised project cost as eligible for depreciation and recognising opening written down value treatment; ownership arguments relied on by the Assessing Officer were rejected in view of consistent precedent. The Commissioner (Appeals) deletion of the disallowance was found consistent with prior orders and thus sustained. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787610