https://www.taxtmi.com/caselaws?id=467263 ITAT Mumbai held that the Revenue's appeal was not maintainable because the disputed tax effect fell below the CBDT monetary threshold and no recognised exception applied, so the appeal was dismissed. It further held that the assessee could seek correction of an inadvertent depreciation short-claim and claim additional depreciation before the appellate authority even without filing a revised return, because the necessary material was already on record and the appellate power to admit such claims was not curtailed by the bar on fresh claims before the Assessing Officer. The depreciation claims were therefore allowed. en-us Tue, 10 Mar 2026 00:00:00 +0530 Wed, 25 Mar 2026 10:00:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467263 ITAT Mumbai held that the Revenue's appeal was not maintainable because the disputed tax effect fell below the CBDT monetary threshold and no recognised exception applied, so the appeal was dismissed. It further held that the assessee could seek correction of an inadvertent depreciation short-claim and claim additional depreciation before the appellate authority even without filing a revised return, because the necessary material was already on record and the appellate power to admit such claims was not curtailed by the bar on fresh claims before the Assessing Officer. The depreciation claims were therefore allowed. Case-Laws Income Tax Tue, 10 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467263