https://www.taxtmi.com/caselaws?id=117034 The Tribunal ruled in favor of the assessee, determining that T.V. Sets qualified as 'plant' for depreciation purposes under section 32AB, entitling the assessee to higher depreciation and deduction. However, the appeal was unsuccessful regarding the treatment of entertainment expenses, with the Tribunal upholding the allocation of expenses between employees and entertainment as determined by the CIT(A). en-us Wed, 09 Apr 2003 00:00:00 +0530 Tue, 19 Jun 2012 17:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117034 The Tribunal ruled in favor of the assessee, determining that T.V. Sets qualified as 'plant' for depreciation purposes under section 32AB, entitling the assessee to higher depreciation and deduction. However, the appeal was unsuccessful regarding the treatment of entertainment expenses, with the Tribunal upholding the allocation of expenses between employees and entertainment as determined by the CIT(A). Case-Laws Income Tax Wed, 09 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117034