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2018 (8) TMI 1544 - AT - Income TaxDepreciation on intangible assets acquired during the course of running of proprietorship-firm - block of assets - Held that:- Once an asset is part of the block of assets and depreciation is granted on that block, it cannot be denied in its subsequent year on the ground that one of the assets is not used by the assessee in some of years. The concept “user” of assets has to apply upon block as a whole instead of an individual asset. The above issue could be raised in the AY 2005-06 when the assets entered into the block. Once the assets became part of a block of assets in AY 2005-06, and depreciation is granted on that block, the issue cannot be agitated in the AYs 2006-07 and 2007-08. - Decided against revenue
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