https://www.taxtmi.com/caselaws?id=67482 The Tribunal directed the matter back to the Assessing Officer to assess whether the transaction between the assessee-firm and the private limited company constituted a sale or a transfer of assets, following the Supreme Court precedent in R.R. Ramakrishna Pillai. The Assessing Officer was tasked with determining the eligibility of depreciation based on this distinction, with the assessment order set aside for this purpose, and the appeal allowed for statistical purposes. en-us Tue, 14 Jan 1992 00:00:00 +0530 Thu, 10 Mar 2011 17:50:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67482 The Tribunal directed the matter back to the Assessing Officer to assess whether the transaction between the assessee-firm and the private limited company constituted a sale or a transfer of assets, following the Supreme Court precedent in R.R. Ramakrishna Pillai. The Assessing Officer was tasked with determining the eligibility of depreciation based on this distinction, with the assessment order set aside for this purpose, and the appeal allowed for statistical purposes. Case-Laws Income Tax Tue, 14 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67482