Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1987 (7) TMI 81 - KERALA HIGH COURT
Extract:
....... that mighty minds like those of Macnaghten J. and du Parcq L.J. had similar trends of thought. (See 1938 4 All ER 673 and 1939 2 All ER 94 (CA)). In the light of our discussion, we have no hesitation to negative, on the facts and circumstances disclosed, the claim of the assessee for depreciation. We answer the cases in the manner indicated above.