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2019 (6) TMI 816 - HC - Income TaxRevision u/s 263 - as per CIT assessee was not eligible to claim depreciation at the rate of 50% on a new motorcar purchased in accordance with sub-clause (VI) of clause III of Part – A of the New Appendix – I of the Act - Tribunal cancelled order u/s. 263 - HELD THAT:- No error, not to speak of any error of law could be said to have been committed by the Tribunal in passing the impugned order. The issue raised in the present Tax Appeal is squarely covered by a decision of this Court in the case of Commissioner of Incometax vs. Arvind Jewellers [2002 (7) TMI 50 - GUJARAT HIGH COURT] . No interference is warranted.
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