https://www.taxtmi.com/caselaws?id=245922 The Tribunal upheld the disallowance of depreciation on specific items but allowed depreciation on civil and flooring work expenditure, treating it as capital expenditure for depreciation benefits under Explanation 1 to section 32. The assessee's appeal against limited disallowance was dismissed, emphasizing that capital expenditure on leased premises should be considered as such, entitling depreciation benefits. en-us Wed, 02 Apr 2014 00:00:00 +0530 Fri, 20 Mar 2015 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245922 The Tribunal upheld the disallowance of depreciation on specific items but allowed depreciation on civil and flooring work expenditure, treating it as capital expenditure for depreciation benefits under Explanation 1 to section 32. The assessee's appeal against limited disallowance was dismissed, emphasizing that capital expenditure on leased premises should be considered as such, entitling depreciation benefits. Case-Laws Income Tax Wed, 02 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245922