https://www.taxtmi.com/caselaws?id=187303 The Court ruled in favor of the assessee on issues regarding depreciation on assets for a non-operational unit, depreciation rate for a tube well, treatment of capital expenses, and deduction for loss on goods in transit. However, the Court decided against the assessee on the classification of interest income and claim for rent in a "Transit Guest House." The appeal was partly allowed, with the Court emphasizing consistency with previous judgments and the specific circumstances of each issue. en-us Thu, 24 Sep 2015 00:00:00 +0530 Tue, 18 Oct 2016 10:38:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187303 The Court ruled in favor of the assessee on issues regarding depreciation on assets for a non-operational unit, depreciation rate for a tube well, treatment of capital expenses, and deduction for loss on goods in transit. However, the Court decided against the assessee on the classification of interest income and claim for rent in a "Transit Guest House." The appeal was partly allowed, with the Court emphasizing consistency with previous judgments and the specific circumstances of each issue. Case-Laws Income Tax Thu, 24 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187303