Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2009 (2) TMI 84 - GUJARAT HIGH COURT
Depreciation disallowed on ground that entire factory building and all the items included in the block of plant & machinery were not actually put to use – by amended provisions individual items included in the block are not to be considered separately – Once the factory building or block of assets are put to use for business, it is not possible to restrict the depreciation by stating that only a portion thereof has been put to use – Tribunal is right in granting depreciation