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2001 (8) TMI 20 - ANDHRA PRADESH HIGH COURTRespondent-assessee is a partnership firm doing business in hatchery. - Rate Of Depreciation - The assessment was computed on a total income of Rs. 1,45,540. The Assessing Officer while making the assessment allowed depreciation at 100 per cent. on cages worth Rs. 3,16,453. - The Commissioner of Income-tax revised that order on the ground that the assessment made by the Assessing Officer allowing 100 per cent. depreciation on cages is prejudicial to the interests of the Revenue, by virtue of the power conferred under section 263 of the Act. The assessee filed an appeal before the Tribunal - The finding recorded by the learned Tribunal is essentially on a question of fact. The Tribunal is the final fact-finding authority. Although it is the stand of the Revenue throughout that only a series of cages collectively constitute the "plant", no evidence is placed before the Tribunal or before this court to support the plea. - This appeal does not involve any question of law, much less a substantial question of law.
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