https://www.taxtmi.com/caselaws?id=210162 The Tribunal partly allowed the assessee's appeal, permitting the claim for transit loss deduction. However, the depreciation on warehouses and godowns was limited to 10%, while bore-wells and electrical installations were granted depreciation at specified rates. The claim for 100% depreciation on wooden crates was accepted. The exemption under section 11, treating the assessee as a charitable organization, was dismissed as not pressed. en-us Fri, 22 Jul 2011 00:00:00 +0530 Mon, 26 Nov 2012 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210162 The Tribunal partly allowed the assessee's appeal, permitting the claim for transit loss deduction. However, the depreciation on warehouses and godowns was limited to 10%, while bore-wells and electrical installations were granted depreciation at specified rates. The claim for 100% depreciation on wooden crates was accepted. The exemption under section 11, treating the assessee as a charitable organization, was dismissed as not pressed. Case-Laws Income Tax Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210162