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![Capital Grant Receipt for Assets with Depreciation Rate Differing from 15% to be Calculated to Applicable Rate: ITAT directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Ahmedabad-Capital-Grant-Receipt-Income-Tax-TAXSCAN.jpg "Capital Grant Receipt for Assets with Depreciation Rate Differing from 15% to be Calculated to Applicable Rate: ITAT directs Re-Adjudication [Read Order]")
Capital Grant Receipt for Assets with Depreciation Rate Differing from 15% to be Calculated to Applicable Rate: ITAT directs Re-Adjudication [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) directed re-adjudication for the calculation of capital grant receipts for assets...
![A Sovereign Country cannot be treated as a person or Authority for the purpose of Sec 43(1) of the IT Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "A Sovereign Country cannot be treated as a person or Authority for the purpose of Sec 43(1) of the IT Act: ITAT [Read Order]")
![Assessing Officer is bound to look at the Litigation History of the Assessee: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Assessing Officer is bound to look at the Litigation History of the Assessee: Delhi HC [Read Order]")