https://www.taxtmi.com/article/detailed?id=16081 Maintainability of a revenue appeal depends on the correct tax effect arising from the actual dispute, and not on erroneous or inflated figures in the appeal papers; if the properly computed tax effect is below the CBDT monetary limit, the appeal is liable to be dismissed in limine. Although the Assessing Officer cannot entertain a fresh claim except through a revised return, appellate authorities may admit and decide such claims to determine the correct taxable income, including correction of depreciation due to an opening written down value error and supported additional depreciation. en-us Thu, 26 Mar 2026 09:08:49 +0530 Thu, 26 Mar 2026 09:08:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16081 Maintainability of a revenue appeal depends on the correct tax effect arising from the actual dispute, and not on erroneous or inflated figures in the appeal papers; if the properly computed tax effect is below the CBDT monetary limit, the appeal is liable to be dismissed in limine. Although the Assessing Officer cannot entertain a fresh claim except through a revised return, appellate authorities may admit and decide such claims to determine the correct taxable income, including correction of depreciation due to an opening written down value error and supported additional depreciation. Articles Income Tax Thu, 26 Mar 2026 09:08:49 +0530 https://www.taxtmi.com/article/detailed?id=16081