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![Income Tax: Wrong Claim of Depreciation Does not Attract Penalty, Rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Wrong-Claim-Claim-of-Depreciation-Wrong-Claim-of-Depreciation-Penalty-Rules-ITAT-Taxscan.jpg "Income Tax: Wrong Claim of Depreciation Does not Attract Penalty, Rules ITAT [Read Order]")
Income Tax: Wrong Claim of Depreciation Does not Attract Penalty, Rules ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chandigarh Bench, has recently, in an appeal filed before it, held that a wrong claim of depreciation...
![Claim of Depreciation on Windmill permissible when the evidence adduced to prove usage of the same: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Claim-Windmill-permissible-evidence-proveusage-ITAT-TAXSCAN.jpg "Claim of Depreciation on Windmill permissible when the evidence adduced to prove usage of the same: ITAT [Read Order]")
![ITAT allows Higher Depreciation since transportation business using Trailers, Dumpers & Motor Lorries is not incidental to Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "ITAT allows Higher Depreciation since transportation business using Trailers, Dumpers & Motor Lorries is not incidental to Business [Read Order]")
![Depreciation on Intellectual Properties cannot be denied on ground that they are not approved by the Govt: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Intellectual-Property-Tax-Scan.jpg "Depreciation on Intellectual Properties cannot be denied on ground that they are not approved by the Govt: ITAT Kolkata [Read Order]")
