https://www.taxtmi.com/caselaws?id=65959 The Tribunal allowed the appeal, directing the Income Tax Officer to grant depreciation to the assessee for the godown and reconsider the claim for additional depreciation on new machinery, as the prescribed particulars were not clearly defined. The Tribunal emphasized that possession and payment of consideration were sufficient for depreciation entitlement, even without a formal registered deed, citing relevant case law to support its decision. en-us Wed, 30 Nov 1983 00:00:00 +0530 Sat, 19 Feb 2011 14:57:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65959 The Tribunal allowed the appeal, directing the Income Tax Officer to grant depreciation to the assessee for the godown and reconsider the claim for additional depreciation on new machinery, as the prescribed particulars were not clearly defined. The Tribunal emphasized that possession and payment of consideration were sufficient for depreciation entitlement, even without a formal registered deed, citing relevant case law to support its decision. Case-Laws Income Tax Wed, 30 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65959