https://www.taxtmi.com/caselaws?id=265212 The court upheld the appellant's claim for depreciation on new units, emphasizing that machinery need not be actively used to qualify for depreciation once production had commenced. Foreign traveling expenses for business promotion were allowed as genuine, with verified names of individuals presented. The disallowed commission payment was deemed legitimate as payments were made to regular taxpayers, qualifying as a valid business expense. The court dismissed the appeal, finding no substantial question of law raised for consideration. en-us Tue, 29 Sep 2015 00:00:00 +0530 Wed, 07 Oct 2015 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265212 The court upheld the appellant's claim for depreciation on new units, emphasizing that machinery need not be actively used to qualify for depreciation once production had commenced. Foreign traveling expenses for business promotion were allowed as genuine, with verified names of individuals presented. The disallowed commission payment was deemed legitimate as payments were made to regular taxpayers, qualifying as a valid business expense. The court dismissed the appeal, finding no substantial question of law raised for consideration. Case-Laws Income Tax Tue, 29 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265212