https://www.taxtmi.com/caselaws?id=151737 The Tribunal partly allowed the assessee's appeal by directing the Assessing Officer to allow capitalization of certain expenses and exclude the sum from the sale of unusable materials from the total income. However, the disallowance of depreciation for the period of less than six months was upheld, and the claim for capitalization of notional depreciation prior to business commencement was rejected. en-us Mon, 29 May 2006 00:00:00 +0530 Sat, 15 Jun 2013 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151737 The Tribunal partly allowed the assessee's appeal by directing the Assessing Officer to allow capitalization of certain expenses and exclude the sum from the sale of unusable materials from the total income. However, the disallowance of depreciation for the period of less than six months was upheld, and the claim for capitalization of notional depreciation prior to business commencement was rejected. Case-Laws Income Tax Mon, 29 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151737