https://www.taxtmi.com/highlights?id=24233 Depreciation on machinery purchased from Andhra Pradesh State Electricity Board - since the machinery was not purchased by the appellant, it never became the owner of the machinery and, therefore, could not claim any depreciation thereof. - SC en-us Fri, 14 Aug 2015 01:27:02 +0530 Fri, 14 Aug 2015 01:27:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24233 Depreciation on machinery purchased from Andhra Pradesh State Electricity Board - since the machinery was not purchased by the appellant, it never became the owner of the machinery and, therefore, could not claim any depreciation thereof. - SC Highlights Income Tax Fri, 14 Aug 2015 01:27:02 +0530 https://www.taxtmi.com/highlights?id=24233