https://www.taxtmi.com/caselaws?id=62116 Amortisation entitlement was treated as governed by the circular operative at the start of the relevant accounting year, so the later circular could not displace the claim for that year. For the later assessment year, Rule 9A of the Income-tax Rules was identified as the governing provision, and its operation depended on the assessee's written option. The matter therefore required reconsideration after obtaining that option, with the earlier year's amortisation claim supported and the later year sent back for fresh disposal under the applicable rule framework. en-us Tue, 11 Oct 1977 00:00:00 +0530 Mon, 23 Jan 2012 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62116 Amortisation entitlement was treated as governed by the circular operative at the start of the relevant accounting year, so the later circular could not displace the claim for that year. For the later assessment year, Rule 9A of the Income-tax Rules was identified as the governing provision, and its operation depended on the assessee's written option. The matter therefore required reconsideration after obtaining that option, with the earlier year's amortisation claim supported and the later year sent back for fresh disposal under the applicable rule framework. Case-Laws Income Tax Tue, 11 Oct 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62116