https://www.taxtmi.com/caselaws?id=337922 The High Court partially allowed the appeal, directing the Tribunal to consider the issue of the applicable depreciation rate for shuttering in accordance with the amended statutory provisions. The court emphasized that if the statute mandates a specific depreciation rate for the relevant assessment period, it constitutes a substantial question of law that can be raised before the court. The Tribunal was instructed to conduct a fresh examination and make a decision after providing both parties with a hearing opportunity. en-us Thu, 12 Jan 2017 00:00:00 +0530 Tue, 26 Dec 2017 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337922 The High Court partially allowed the appeal, directing the Tribunal to consider the issue of the applicable depreciation rate for shuttering in accordance with the amended statutory provisions. The court emphasized that if the statute mandates a specific depreciation rate for the relevant assessment period, it constitutes a substantial question of law that can be raised before the court. The Tribunal was instructed to conduct a fresh examination and make a decision after providing both parties with a hearing opportunity. Case-Laws Income Tax Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337922