https://www.taxtmi.com/caselaws?id=268456 The Tribunal allowed the appellant's appeal, directing the Assessing Officer to grant 100% depreciation for the temporary Jetty structure at Ennore Port Trust. The Tribunal found the structure qualified as temporary based on the agreement's provisions for dismantling and removal after a specified period, classifying it as a "building" for depreciation purposes. The decision overturned the lower authorities' restriction of depreciation to 25%, emphasizing the temporary nature of the structure and its eligibility for higher depreciation. en-us Fri, 14 Aug 2015 00:00:00 +0530 Thu, 26 Nov 2015 06:51:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268456 The Tribunal allowed the appellant's appeal, directing the Assessing Officer to grant 100% depreciation for the temporary Jetty structure at Ennore Port Trust. The Tribunal found the structure qualified as temporary based on the agreement's provisions for dismantling and removal after a specified period, classifying it as a "building" for depreciation purposes. The decision overturned the lower authorities' restriction of depreciation to 25%, emphasizing the temporary nature of the structure and its eligibility for higher depreciation. Case-Laws Income Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268456