Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2015 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (1) TMI 1179 - CESTAT MUMBAIDenial of CENVAT Credit - Disallowance of depreciation - Denial of claimed double benefit of CENVAT Credit as well as depreciation - Held that:- Commissioner (Appeals), relying on the order of the Income-tax Department issued under Section 154 of the Income-tax Act, 1961 which revised the Income-tax returns of the respondent on the ground that they have not claimed double benefit of Cenvat credit as well as depreciation, therefore, the respondents are entitled for Cenvat credit, and rejected the appeal of the Revenue. I also find that the Revenue has not given any reason as to why this order is not correct. Merely saying the impugned order is not correct is not a ground for filing appeal before this Tribunal. In view of the above, I do not find any infirmity in the impugned order and the same is upheld - Decided against Revenue.
|