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2003 (4) TMI 44 - HC - Income TaxDepreciation - "Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is right in law in holding that the assessee is entitled to 100 per cent. depreciation of centering sheets as per the proviso to section 32(1)(ii) of the Act on the ground that they are individual plant/machinery?" - It is true that the finding recorded by the Appellate Tribunal that each centering sheet is a plant is essentially on a question of fact and the Tribunal is the final fact-finding authority. However we have elucidated the issue on the merits in view of the importance of the question involved. - The appeals are accordingly dismissed
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