https://www.taxtmi.com/caselaws?id=64781 The ITAT Delhi-D partly allowed the appeal, dismissing the disallowance of depreciation on houses purchased on hire purchase basis and addition under 'stores excess account'. However, the ITAT Delhi-D allowed the claim related to provisions made against dead and obsolete stock, finding the change in valuation method by the assessee justified and permanent. en-us Tue, 13 Dec 1994 00:00:00 +0530 Wed, 09 Feb 2011 17:53:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64781 The ITAT Delhi-D partly allowed the appeal, dismissing the disallowance of depreciation on houses purchased on hire purchase basis and addition under 'stores excess account'. However, the ITAT Delhi-D allowed the claim related to provisions made against dead and obsolete stock, finding the change in valuation method by the assessee justified and permanent. Case-Laws Income Tax Tue, 13 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64781