https://www.taxtmi.com/caselaws?id=15441 Extra depreciation allowance under item III(iii) of Appendix I was held available where the development rebate under section 33 had been withdrawn, because withdrawal of that rebate did not repeal section 33 or remove the separate allowance mechanism. The reference to section 33 in the Rules was treated as a requirement that the assessee retain the necessary Central Government approval, and that approval remained in force through the competent tourism department. As the assessee also met the other rule conditions, the allowance was upheld in favour of the assessee and against the Revenue. en-us Mon, 15 Jun 1998 00:00:00 +0530 Thu, 06 Aug 2009 16:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15441 Extra depreciation allowance under item III(iii) of Appendix I was held available where the development rebate under section 33 had been withdrawn, because withdrawal of that rebate did not repeal section 33 or remove the separate allowance mechanism. The reference to section 33 in the Rules was treated as a requirement that the assessee retain the necessary Central Government approval, and that approval remained in force through the competent tourism department. As the assessee also met the other rule conditions, the allowance was upheld in favour of the assessee and against the Revenue. Case-Laws Income Tax Mon, 15 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15441