https://www.taxtmi.com/caselaws?id=187357 The Tribunal allowed the appeal regarding depreciation calculation, emphasizing the need to reduce actual depreciation allowed to the assessee for written down value calculation. However, the disallowance of expenses for personal use of vehicles and telephones was upheld as reasonable. The appeal was partially allowed with ground no.1 accepted and ground no.2 rejected. en-us Wed, 30 Jun 2010 00:00:00 +0530 Wed, 19 Oct 2016 14:39:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187357 The Tribunal allowed the appeal regarding depreciation calculation, emphasizing the need to reduce actual depreciation allowed to the assessee for written down value calculation. However, the disallowance of expenses for personal use of vehicles and telephones was upheld as reasonable. The appeal was partially allowed with ground no.1 accepted and ground no.2 rejected. Case-Laws Income Tax Wed, 30 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187357