https://www.taxtmi.com/caselaws?id=122846 The Tribunal ruled in favor of the assessee, directing the Assessing Officer to allow proper depreciation on the printing machinery purchased at the actual price of Rs. 11,28,400 and deleting the disallowance of installation charges. The Tribunal disagreed with the lower authorities' valuation of the machinery and upheld the claim for depreciation based on the evidence provided, concluding that the claim was valid. en-us Mon, 26 Mar 2007 00:00:00 +0530 Sat, 18 Aug 2012 16:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122846 The Tribunal ruled in favor of the assessee, directing the Assessing Officer to allow proper depreciation on the printing machinery purchased at the actual price of Rs. 11,28,400 and deleting the disallowance of installation charges. The Tribunal disagreed with the lower authorities' valuation of the machinery and upheld the claim for depreciation based on the evidence provided, concluding that the claim was valid. Case-Laws Income Tax Mon, 26 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122846