https://www.taxtmi.com/caselaws?id=7666 Section 10(2)(via) of the Indian Income-tax Act, 1922, as amended in 1953, was construed strictly as granting only limited additional depreciation relief. The provision required that the relevant buildings, machinery or plant be installed after 31 March 1948, that the allowance be confined to no more than five successive assessment years, and that those assessment years fall within the period ending on 31 March 1959. The court held that the time-limit governed the assessment years for which the allowance was claimed, not merely the date of installation. On that construction, the assessee could not claim additional depreciation for assessment year 1959-60. en-us Tue, 04 Feb 1969 00:00:00 +0530 Tue, 17 Mar 2009 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7666 Section 10(2)(via) of the Indian Income-tax Act, 1922, as amended in 1953, was construed strictly as granting only limited additional depreciation relief. The provision required that the relevant buildings, machinery or plant be installed after 31 March 1948, that the allowance be confined to no more than five successive assessment years, and that those assessment years fall within the period ending on 31 March 1959. The court held that the time-limit governed the assessment years for which the allowance was claimed, not merely the date of installation. On that construction, the assessee could not claim additional depreciation for assessment year 1959-60. Case-Laws Income Tax Tue, 04 Feb 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7666