https://www.taxtmi.com/caselaws?id=66148 The Tribunal dismissed the assessee's appeal and partially allowed the departmental appeal. The Tribunal upheld the lower authorities' decisions on most issues, including the capitalization of pre-operative expenditure, computation of capital for relief under section 80J, investment allowance under section 32A, depreciation rate for the hotel building, allowance of pre-operative expenses as revenue expenditure, and extra shift depreciation allowance. The Tribunal provided detailed legal reasoning and cited relevant case law and statutory provisions in support of its conclusions. en-us Tue, 18 Feb 1986 00:00:00 +0530 Mon, 21 Feb 2011 17:51:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66148 The Tribunal dismissed the assessee's appeal and partially allowed the departmental appeal. The Tribunal upheld the lower authorities' decisions on most issues, including the capitalization of pre-operative expenditure, computation of capital for relief under section 80J, investment allowance under section 32A, depreciation rate for the hotel building, allowance of pre-operative expenses as revenue expenditure, and extra shift depreciation allowance. The Tribunal provided detailed legal reasoning and cited relevant case law and statutory provisions in support of its conclusions. Case-Laws Income Tax Tue, 18 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66148