Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1980 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1980 (7) TMI 92 - KARNATAKA HIGH COURTExtract: .......ine the entitlement to depreciation. Therefore, the view taken by the Tribunal that the assessee was entitled to depreciation allowance in respect of the assets in regard to which capital expenditure had been incurred subsequent to April 1, 1967, is correct. Accordingly, we answer the question in the affirmative. Parties shall bear their own costs.
|