Allowance of depreciation on the basis of consistency: BSE Ltd. case

Advocate Akhilesh Kumar Sah DCIT Vs. BSE Ltd. (ITAT Mumbai) Allowance of depreciation on the basis of consistency: BSE Ltd. case In DCIT vs. BSE Ltd. & BSE Ltd. vs. ACIT [ITA No. 6224/Mum/2017 & ITA No. 6292/Mum/2017 & ITA No. 693/Mum/2019 (A.Y. 2012-13), decided on 21.08.2019], these two appeals of assessee and one appeal of Revenue arose out of the order of the Commissioner of Income Tax (Appeals)]-3, Mumbai [in short CIT(A)], in appeal No. CIT(A)-3/IT-128/ACIT-2(1)(1)/16- 17 vide dated 07.07.2017. The Assessment was framed by the Asst. Commissioner of Income Tax, Circle 2(1)(1)...