https://www.taxtmi.com/caselaws?id=280173 The Tribunal dismissed the Revenue's appeals, affirming that the assessee is entitled to claim the balance 50% of additional depreciation in the subsequent assessment year if the machinery was used for less than 180 days in the year of installation. This decision aligns with the interpretations of various high courts and the clarificatory amendment effective from 01.04.2016. en-us Fri, 23 Feb 2018 00:00:00 +0530 Tue, 23 Apr 2019 21:26:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280173 The Tribunal dismissed the Revenue's appeals, affirming that the assessee is entitled to claim the balance 50% of additional depreciation in the subsequent assessment year if the machinery was used for less than 180 days in the year of installation. This decision aligns with the interpretations of various high courts and the clarificatory amendment effective from 01.04.2016. Case-Laws Income Tax Fri, 23 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280173