Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1994 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1994 (8) TMI 72 - AT - Income TaxExtract: ....... is no material on record to oust the CIT(A) s finding. Having regard to the rival submissions, we hold that the studio should be treated as a plant. The ITO is directed to grant depreciation on the studio at the rate applicable to plant . 16. In the result, the appeals of the assessee are allowed in part and the appeal of the Revenue is dismissed.
|