https://www.taxtmi.com/caselaws?id=282969 Depreciation on seasonal business assets used through a hirer or licensee was held allowable for the full year under proviso (2) to rule 8 of the Income-tax Rules, 1922. The phrase "worked by the assessee" was construed broadly to include operation through a hirer or licensee, and kohlus used for gur crushing during the seasonal working period were treated as a seasonal factory in the popular sense. Because the machinery was worked during the relevant working season, full depreciation could not be denied merely because it was not used throughout the whole year. en-us Mon, 28 May 1962 00:00:00 +0530 Mon, 02 Sep 2019 11:05:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282969 Depreciation on seasonal business assets used through a hirer or licensee was held allowable for the full year under proviso (2) to rule 8 of the Income-tax Rules, 1922. The phrase "worked by the assessee" was construed broadly to include operation through a hirer or licensee, and kohlus used for gur crushing during the seasonal working period were treated as a seasonal factory in the popular sense. Because the machinery was worked during the relevant working season, full depreciation could not be denied merely because it was not used throughout the whole year. Case-Laws Income Tax Mon, 28 May 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282969