https://www.taxtmi.com/caselaws?id=164942 A new depreciation claim for machinery could not be raised for the first time before the Tribunal in second appeal because it required fresh factual enquiry and was not merely a question of law on existing findings. In computing taxable turnover under section 5C(1)(c)(ii) of the Kerala General Sales Tax Act, depreciation on contractor-owned machinery and tools was not deductible, as the provision covers only actual charges incurred for obtaining machinery or tools on hire or otherwise. The deduction clause was held to require strict construction, and the Tribunal's order was set aside while the assessment confirmed in first appeal was restored. en-us Mon, 22 Jun 2009 00:00:00 +0530 Fri, 07 Nov 2014 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164942 A new depreciation claim for machinery could not be raised for the first time before the Tribunal in second appeal because it required fresh factual enquiry and was not merely a question of law on existing findings. In computing taxable turnover under section 5C(1)(c)(ii) of the Kerala General Sales Tax Act, depreciation on contractor-owned machinery and tools was not deductible, as the provision covers only actual charges incurred for obtaining machinery or tools on hire or otherwise. The deduction clause was held to require strict construction, and the Tribunal's order was set aside while the assessment confirmed in first appeal was restored. Case-Laws VAT and Sales Tax Mon, 22 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164942