TMI Blog2012 (8) TMI 1017X X X X Extracts X X X X X X X X Extracts X X X X ..... ded against revenue - TAX APPEAL No. 439 of 2012 - - - Dated:- 9-8-2012 - MR.V. M. SAHAI and MR.N.V. ANJARIA JJ. FOR THE APPELLANTS: MRS MAUNA M BHATT ORAL ORDER V. M. SAHAI 1.0 We have heard Mrs. Mauna Bhatt, learned counsel for the Revenue. 2.0 This tax appeal has been filed on the following proposed substantial question of law. 3.0 We formulate the follow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ally erred in the value of the asset, the cost of which has already been allowed as a deduction on account of application of income, should not be treated as Nil for the purpose of depreciation? 4.0 All these three questions raised by the department against the assessee available for Assessment Year 2005-06 and 2006-07 and the order of the Tribunal has been upheld by the Division Bench of t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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