1988 (11) TMI 93

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..... >Income Tax
Depreciation
Judge(s) : S. P. BHARUCHA., T. D. SUGLA JUDGMENT The judgment of the court was delivered by SUGLA J. -This reference at the instance of the Department raises the fol .....

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..... efined in section 43(3) of the Income-tax Act, 1961, on which depreciation is properly allowable under section 32(1)(ii) of the said Act for each of the assessment years 1967-68 to 1970-71 both inclus .....

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