https://www.taxtmi.com/caselaws?id=270371 The tribunal partially allowed the appeals, rejecting the claim for full-year depreciation but allowing the claim for actual cost and deleting the disallowance of boarding and lodging expenses for foreign travel. The tribunal directed the AO to recalculate depreciation based on the correct figures of assets taken over from Deltron Ltd. and upheld depreciation for half of the year. en-us Fri, 16 Oct 2015 00:00:00 +0530 Tue, 05 Jan 2016 11:12:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270371 The tribunal partially allowed the appeals, rejecting the claim for full-year depreciation but allowing the claim for actual cost and deleting the disallowance of boarding and lodging expenses for foreign travel. The tribunal directed the AO to recalculate depreciation based on the correct figures of assets taken over from Deltron Ltd. and upheld depreciation for half of the year. Case-Laws Income Tax Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270371