https://www.taxtmi.com/caselaws?id=59991 The Tribunal upheld the CIT(A)'s decision on the depreciation rate for the generator and the allocation of expenditure towards dividend income. However, it clarified the treatment of TDS credit, ruling that the credit should be given in the assessment year following the deduction year, not when the tax was paid to the government. The appeal was partially allowed based on this clarification. en-us Fri, 15 Jun 1984 00:00:00 +0530 Mon, 03 Jan 2011 11:58:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59991 The Tribunal upheld the CIT(A)'s decision on the depreciation rate for the generator and the allocation of expenditure towards dividend income. However, it clarified the treatment of TDS credit, ruling that the credit should be given in the assessment year following the deduction year, not when the tax was paid to the government. The appeal was partially allowed based on this clarification. Case-Laws Income Tax Fri, 15 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59991