https://www.taxtmi.com/caselaws?id=182971 The High Court directed the 1st respondent to reassess the petitioner in accordance with the law, specifically focusing on the allowance and carrying forward of depreciation. The court highlighted the importance of accurately calculating the remaining amount to ascertain the tax liability, while keeping all issues open for further discussions. en-us Thu, 10 Feb 2011 00:00:00 +0530 Tue, 25 Apr 2023 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182971 The High Court directed the 1st respondent to reassess the petitioner in accordance with the law, specifically focusing on the allowance and carrying forward of depreciation. The court highlighted the importance of accurately calculating the remaining amount to ascertain the tax liability, while keeping all issues open for further discussions. Case-Laws Income Tax Thu, 10 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182971