https://www.taxtmi.com/caselaws?id=789188 The Tribunal examined a limited-scrutiny objection, a section 54G relocation claim, depreciation under section 32, transfer-expense deductions in capital gains computation, and loss on sale of fixed assets. It found the case had been taken up for complete scrutiny, so the challenge based on CBDT Instruction No. 20/2015 failed. Section 54G relief was denied because the assessee did not prove actual shifting of the industrial undertaking or produce essential supporting documents. Depreciation and transfer-expense disallowances were upheld for want of correct block-of-assets computation and evidence. The addition for loss on sale of fixed assets was deleted because the accounting treatment and income computation were reconciled. en-us Fri, 27 Mar 2026 00:00:00 +0530 Sat, 04 Apr 2026 08:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789188 The Tribunal examined a limited-scrutiny objection, a section 54G relocation claim, depreciation under section 32, transfer-expense deductions in capital gains computation, and loss on sale of fixed assets. It found the case had been taken up for complete scrutiny, so the challenge based on CBDT Instruction No. 20/2015 failed. Section 54G relief was denied because the assessee did not prove actual shifting of the industrial undertaking or produce essential supporting documents. Depreciation and transfer-expense disallowances were upheld for want of correct block-of-assets computation and evidence. The addition for loss on sale of fixed assets was deleted because the accounting treatment and income computation were reconciled. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789188