https://www.taxtmi.com/caselaws?id=10519 The court upheld the Tribunal's decision that crates and bottles are entitled to 100% depreciation based on precedents and emphasized simplicity in interpretation. Regarding the taxability of security deposits, the court ruled that they were not taxable income as they did not form part of the sale transaction, aligning with previous judgments. The appeal was dismissed as no substantial question of law was found, concluding the case. en-us Wed, 06 Oct 2004 00:00:00 +0530 Mon, 13 Jun 2011 19:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10519 The court upheld the Tribunal's decision that crates and bottles are entitled to 100% depreciation based on precedents and emphasized simplicity in interpretation. Regarding the taxability of security deposits, the court ruled that they were not taxable income as they did not form part of the sale transaction, aligning with previous judgments. The appeal was dismissed as no substantial question of law was found, concluding the case. Case-Laws Income Tax Wed, 06 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10519