ITAT Directs AO to Review Depreciation Claim Based on Consistent Treatment in Prior & Subsequent Years

Safikahmed Mehamudali Ansari Vs ITO (ITAT Ahmedabad) The case of Safikahmed Mehamudali Ansari vs. Income Tax Officer (ITO) was heard by the Income Tax Appellate Tribunal (ITAT), Ahmedabad, regarding an assessment for the Assessment Year (AY) 2018-19. The Assessee filed an appeal against the order passed by the Commissioner of Income-tax (Appeals) under Section 250 of the Income-tax Act, 1961. The key issue raised by the Assessee was the disallowance of a depreciation claim amounting to Rs. 20,63,673/-, which was incorrectly rejected by the assessing officer despite being allowed in previous an...