In the result, all the appeals by the assessee are partly allowed
Bench: Shri N. V. Vasudevan & Ms. Padmavathy S.
reassessment proceedings from time to time and had discussed the impugned issue with the AO. The assessee did not seek any reason before the AO and therefore cannot contend the reopening on this ground. The CIT(A) on merits held that claim of higher depreciation by the assessee is not justified. Aggrieved, the assessee is in appeal before the Tribunal