Just a moment...

⚠✕
Report
ReportReport
Welcome to TaxTMI ✕

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Report an Error ✕
Type of Error :
Please tell us about the error :
Min 15 characters0/2000
Make Most of Text Search ✕
  1. Put words in double quotes for exact word search, eg: "income tax"
  2. Avoid noise words such as : 'and, of, the, a'
  3. Sort by Relevance to get the most relevant document.
  4. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    5. Text Search
  5. The system will try to fetch results that contains ALL your words.
  6. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    7. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
0 /50 characters
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
Expand ❯❯
Close ✕
Filter in All Highlights ❯
    June 16, 2025 Case Laws GST
    Tax Credit Dispute Resolved: Technical Errors Cannot Invalidate Input Tax Claims Under CGST Provisions
    June 16, 2025 Case Laws GST
    GST Registration Cancellation Can Be Restored by Filing Pending Returns and Clearing Outstanding Tax Dues Within Two Months
    June 16, 2025 Case Laws GST
    Legal Notice Invalidated: Procedural Defect in Communication Renders Show Cause Order Unenforceable, Petitioner Granted Extended Response Time
    June 16, 2025 Case Laws GST
    Foreign Affiliate Service Valuation Upheld: GST Refund Claim Validated Under CBIC Circular No. 210/4/2024 Guidelines
    June 16, 2025 Case Laws GST
    Legal Victory: GST Tax Order Against Deceased Proprietor Invalidated Due to Procedural Defects in Section 93 Notice Requirements
    June 16, 2025 Case Laws Customs
    Vessel Asean Explorer Confirmed as Foreign Going Vessel Under Section 87, Maintaining Exemption Status Despite Local Port Operations
    June 16, 2025 Case Laws Customs
    Customs Broker Cleared of Penalties: No Direct Evidence of Intentional Duty Evasion Under Sections 112 and 114AA
    June 16, 2025 Case Laws Companies Law
    Shareholders Validate Equity Transfer via Pre-Existing Call Option Under Contractual Rights in Company Liquidation Proceedings
    June 16, 2025 Case Laws Service Tax
    Study Centre Loses Service Tax Exemption Claim, Tribunal Confirms Partial Tax Liability Under Finance Act Section 73(1)
    June 16, 2025 Case Laws Service Tax
    Service Tax Demand Partially Upheld: Limitation Period Examined, COVID-19 Extensions Considered, Penalty Reduced Under Section 78
    June 16, 2025 Case Laws Central Excise
    Landmark GST Transition Ruling: Taxpayer Wins CENVAT Credit Refund Under Section 142(3) with Procedural Compliance
    June 16, 2025 Case Laws Indian Laws
    Legal Power to Compound Cheque Dishonour Offence Affirmed, Conviction Set Aside Under Section 147 with Discretionary Judicial Intervention
    June 16, 2025 Case Laws GST
    High Court Orders Reopening of Advance Ruling Proceedings Under CGST Act, Directs Fresh Evaluation with New Evidence
    June 16, 2025 Case Laws GST
    Tender Notification Challenged: GST Waived for Human Hair Auction Participants, Mandatory 18% Tax Requirement Struck Down
    June 16, 2025 Case Laws GST
    High-Stakes Tax Dispute: Fraudulent Input Tax Credit Challenge Rejected, Statutory Appeal Path Remains Open Under Section 107
    June 16, 2025 Case Laws Income Tax
    Income Tax Exemption Denied: Business Location Determines Eligibility Under Section 10(26) Criteria
    June 16, 2025 Case Laws Income Tax
    Mercantile Accounting System Prevents Double Taxation in Electricity Charge Recoveries Under Income Recognition Rules
    June 16, 2025 Case Laws Income Tax
    Taxpayer Wins Appeal: Depreciation Claim Error Deemed Clerical, Penalty Overturned Under Section 271(1)(c)
    June 16, 2025 Case Laws Income Tax
    Educational Trust Wins Tax Exemption Appeal, Requiring Comprehensive Financial Review and Fair Assessment of Excess Income
    June 16, 2025 Case Laws Income Tax
    Tax Dispute Dismissed: Procedural Challenge Rejected, Original Assessment Upheld Under Section 154 Principles
❮

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Back

All Highlights

Showing Results for : Law : AllReset Filters
Kindly select a record to view
Show Listing
Case ID :
Income Tax

CIT(A) rightly observed that mere quantification and...

CIT(A) confirms asset classification doesn't block depreciation claims; assets in use since 2008 verified by South Central Railways.

📋
Contents
Note

Note

Note

Bookmark

Note

More

PrintDownload

Print Options

Income TaxFebruary 25, 2019Case LawsAT

CIT(A) rightly observed that mere quantification and classification in accounts cannot deter assessee from claiming depreciation when factually the assets has been put to use since 2008, as per the account statement rendered by South Central Railways.

View Source View

You may also like:

Topics

ActsIncome Tax
Next ➔