https://www.taxtmi.com/caselaws?id=67865 The ITAT held that the Hotel Building should be treated as a plant for depreciation purposes, directing the ITO to allow depreciation accordingly. The ITAT also ordered the ITO to fully allow the bad debts amounting to Rs. 763, which included debts owed by reputed concerns like Sita World Travels. Additionally, the ITAT deemed the disallowance of 1/4th of car expenses and car depreciation as infructuous, partially allowing the assessee's appeal. en-us Mon, 07 May 1984 00:00:00 +0530 Tue, 15 Mar 2011 11:07:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67865 The ITAT held that the Hotel Building should be treated as a plant for depreciation purposes, directing the ITO to allow depreciation accordingly. The ITAT also ordered the ITO to fully allow the bad debts amounting to Rs. 763, which included debts owed by reputed concerns like Sita World Travels. Additionally, the ITAT deemed the disallowance of 1/4th of car expenses and car depreciation as infructuous, partially allowing the assessee's appeal. Case-Laws Income Tax Mon, 07 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67865