https://www.taxtmi.com/caselaws?id=194890 HC held that the taxpayer is entitled to depreciation under s.32 for the balance written down value attributable to the Daru Hera unit as part of the block of assets. The Tribunal's contrary view was set aside. The Court further held the taxpayer is entitled to depreciation for assets forming part of that unit even if those assets were not put to use during AY 2005-06 and were sold before the end of the accounting year. Both legal questions were decided for the assessee and against the Revenue. en-us Tue, 24 Jan 2017 00:00:00 +0530 Wed, 08 Oct 2025 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194890 HC held that the taxpayer is entitled to depreciation under s.32 for the balance written down value attributable to the Daru Hera unit as part of the block of assets. The Tribunal's contrary view was set aside. The Court further held the taxpayer is entitled to depreciation for assets forming part of that unit even if those assets were not put to use during AY 2005-06 and were sold before the end of the accounting year. Both legal questions were decided for the assessee and against the Revenue. Case-Laws Income Tax Tue, 24 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194890