2014 (4) TMI 1270

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....I.P. BANSAL, J.M: This is an appeal filed by assessee and it is directed against the order passed by Ld. CIT(A)-4, Mumbai dated 17/12/2012 for assessment year 2009-10. The grounds of appeal raised by the assessee read as under: "1. The learned Commissioner of income-tax (appeals) erred in confirming the disallowance of additional depreciation of Rs. 29,90,195/-. 2. The learned....

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.... in respect of assessment year 2007-08 in the case of the assessee. Copy of the said order was placed on our record and was also given to Ld. DR. 3. Ld. DR after going through the order admitted that the issue raised by the assessee is covered by the aforementioned order. The relevant observation of the Tribunal are as under: "12. We have heard the arguments and have perused the variou....