https://www.taxtmi.com/caselaws?id=170760 Jewellery manufacturing wastage was treated as allowable where the claim was supported by prior acceptance on similar facts and the recorded wastage remained within the earlier permissible range; the deletion of the addition was upheld. Depreciation on a motor car was limited because the asset had been used for less than 180 days, so only 50 per cent of the otherwise admissible depreciation was allowable under the short-use rule. The note reflects a mixed tax outcome, with wastage relief sustained and the depreciation claim restricted. en-us Fri, 31 May 2013 00:00:00 +0530 Wed, 01 Apr 2015 12:59:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170760 Jewellery manufacturing wastage was treated as allowable where the claim was supported by prior acceptance on similar facts and the recorded wastage remained within the earlier permissible range; the deletion of the addition was upheld. Depreciation on a motor car was limited because the asset had been used for less than 180 days, so only 50 per cent of the otherwise admissible depreciation was allowable under the short-use rule. The note reflects a mixed tax outcome, with wastage relief sustained and the depreciation claim restricted. Case-Laws Income Tax Fri, 31 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170760