https://www.taxtmi.com/caselaws?id=70428 The Tribunal upheld the Commissioner (Appeals)'s decision, dismissing the appeal and affirming the admissibility of additional depreciation under section 32(1)(iiia) of the Income-tax Act, 1961. The case involved a resident company's claim for depreciation for the assessment year 1983-84, covering a 14-month accounting period. The Tribunal found the issue to be debatable, citing conflicting interpretations and the application of the proviso to rule 5 of the Income-tax Rules. Given the statutory provisions and differing opinions, the Tribunal concluded that the Commissioner (Appeals)'s decision was valid and justified, as it did not warrant interference. en-us Fri, 27 Sep 1991 00:00:00 +0530 Sat, 16 Apr 2011 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70428 The Tribunal upheld the Commissioner (Appeals)'s decision, dismissing the appeal and affirming the admissibility of additional depreciation under section 32(1)(iiia) of the Income-tax Act, 1961. The case involved a resident company's claim for depreciation for the assessment year 1983-84, covering a 14-month accounting period. The Tribunal found the issue to be debatable, citing conflicting interpretations and the application of the proviso to rule 5 of the Income-tax Rules. Given the statutory provisions and differing opinions, the Tribunal concluded that the Commissioner (Appeals)'s decision was valid and justified, as it did not warrant interference. Case-Laws Income Tax Fri, 27 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70428