TMI Blog2002 (11) TMI 777X X X X Extracts X X X X X X X X Extracts X X X X ..... on : (1) Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in directing the AO to recompute the assessed's income by adopting the changed method of accounting ? (2) Whether, on the facts and circumstances of the case, the Tribunal was right in law in holding that the assessed-firm was entitled to the full depreciation as claimed in respect of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iture. It is pertinent to note that the AO, while granting depreciation @ 33.33 per cent on the software, had himself observed that the life of the software was three years. The percentage of such allowance had been fixed by the AO on his own. In our opinion no substantial question of law arises from this issue as well. 5. The appellant shall file within three months ten copies of the cyclostyl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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