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of <h1>Gujarat HC dismisses Revenue's appeal on transfer issue, upholds depreciation claim by Limited Company</h1> <h3>DY. C.I.T. Versus WELL PACK PACKAGING</h3> The Gujarat HC dismissed the Revenue's appeal as no transfer was proven, and the Limited Company claimed depreciation only on assets from the partnership ... - The Gujarat High Court dismissed the appeal by the Revenue as no transfer was proven based on evidence, and the Limited Company claimed depreciation only on assets received from the partnership firm. The Tribunal's order was upheld, stating no substantial question of law arose.
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