https://www.taxtmi.com/caselaws?id=64901 The Tribunal partly allowed the appeal, directing the ITO to allow depreciation based on the actual allocation of assets as per the dissolution deed. It emphasized the importance of genuine transactions and clear intentions in tax matters, dismissing certain grounds not pressed by the assessee and providing relief accordingly. en-us Fri, 13 Jul 1984 00:00:00 +0530 Fri, 11 Feb 2011 10:50:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64901 The Tribunal partly allowed the appeal, directing the ITO to allow depreciation based on the actual allocation of assets as per the dissolution deed. It emphasized the importance of genuine transactions and clear intentions in tax matters, dismissing certain grounds not pressed by the assessee and providing relief accordingly. Case-Laws Income Tax Fri, 13 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64901