Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Depreciable asset forming part of the block of assets - restarting of business after a time gap - instead of selling the building, if the assessee started using the building after two years for business purposes the assessee can continue to claim depreciation based on the written down value available as on the date of ending of the previous year in which depreciation was allowed last. - Order of HC restoring the additions made in the assessment order sustained - SC
Depreciable asset forming part of the block of assets - restarting of business after a time gap - instead of selling the building, if the assessee started using the building after two years for business purposes the assessee can continue to claim depreciation based on the written down value available as on the date of ending of the previous year in which depreciation was allowed last. - Order of HC restoring the additions made in the assessment order sustained - SC
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