https://www.taxtmi.com/caselaws?id=14881 The case involved the interpretation of depreciation rates under section 115J of the Income-tax Act, 1961. The Tribunal upheld the decision directing the Assessing Officer to allow depreciation based on the Income-tax Act provisions, not the Companies Act. The Tribunal emphasized the irrelevance of Companies Act provisions in this context and highlighted the importance of Supreme Court decisions in guiding legal interpretations in tax matters. en-us Fri, 16 Jun 2000 00:00:00 +0530 Thu, 23 Jul 2009 17:37:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14881 The case involved the interpretation of depreciation rates under section 115J of the Income-tax Act, 1961. The Tribunal upheld the decision directing the Assessing Officer to allow depreciation based on the Income-tax Act provisions, not the Companies Act. The Tribunal emphasized the irrelevance of Companies Act provisions in this context and highlighted the importance of Supreme Court decisions in guiding legal interpretations in tax matters. Case-Laws Income Tax Fri, 16 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14881