Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2000 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2000 (7) TMI 3 - HC - Income TaxExtract: ....... within the meaning of section 43(3) of the Income-tax Act, 1961, and the assessee is not entitled to depreciation thereon at the rate admissible on plant. The question referred to us is, therefore, answered in the negative, i.e., in favour of the Revenue and against the assessee. This reference is disposed of accordingly with no order as to costs.
|