https://www.taxtmi.com/caselaws?id=254513 The court held that the actual cost of fixed assets for depreciation should be based on the surveyor's report, as both parties relied on it. The reliance on the report was deemed appropriate, and the court upheld the Tribunal's decision. The appeals were dismissed, favoring the respondent-Revenue and affirming the valuation based on the surveyor's report. en-us Mon, 22 Dec 2014 00:00:00 +0530 Tue, 17 Mar 2015 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254513 The court held that the actual cost of fixed assets for depreciation should be based on the surveyor's report, as both parties relied on it. The reliance on the report was deemed appropriate, and the court upheld the Tribunal's decision. The appeals were dismissed, favoring the respondent-Revenue and affirming the valuation based on the surveyor's report. Case-Laws Income Tax Mon, 22 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254513