https://www.taxtmi.com/caselaws?id=13930 The High Court of Madras dismissed the appeal against the Income-tax Appellate Tribunal's order regarding depreciation on certain flats in New Delhi. The court held that depreciation is allowed once possession is taken based on an agreement, aligning with precedent. No substantial question of law was identified, leading to the dismissal of the appeal. en-us Tue, 27 Feb 2001 00:00:00 +0530 Mon, 06 Jul 2009 11:37:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13930 The High Court of Madras dismissed the appeal against the Income-tax Appellate Tribunal's order regarding depreciation on certain flats in New Delhi. The court held that depreciation is allowed once possession is taken based on an agreement, aligning with precedent. No substantial question of law was identified, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 27 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13930