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2010 (9) TMI 137 - DELHI HIGH COURTProduction not carried out - Assessee Company did not close down - it claimed certain expenses which were denied by the Assessing Officer on the ground that there was no business activity of the assessee during these years - Held that: - no details are furnished in respect of the claim of deprecation namely, whether it was on the plant and machinery meant for Turbo Chargers or for the plant and machinery meant for manufacturing of coin blanks. It is also possible that same machinery was used for the manufacturing of coin blanks. Whether there was any commercial production of coin blanks in the year in question, is also indiscernible from the records - matter needs to be remitted back to the Assessing Officer - claim of depreciation would be examined afresh.
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