https://www.taxtmi.com/caselaws?id=16856 The court ruled in favor of the assessee on issues 1, 2, and 3, allowing depreciation on roads, a higher depreciation rate for certain equipment, and capitalization of specific pre-commencement expenses. On the fourth issue, the court ruled in favor of the Revenue, emphasizing the necessity of machinery usage for claiming the development rebate, and directed the Tribunal to verify the usage. There was no order as to costs. en-us Fri, 12 Jun 1998 00:00:00 +0530 Sat, 12 Sep 2009 16:09:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16856 The court ruled in favor of the assessee on issues 1, 2, and 3, allowing depreciation on roads, a higher depreciation rate for certain equipment, and capitalization of specific pre-commencement expenses. On the fourth issue, the court ruled in favor of the Revenue, emphasizing the necessity of machinery usage for claiming the development rebate, and directed the Tribunal to verify the usage. There was no order as to costs. Case-Laws Income Tax Fri, 12 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16856