https://www.taxtmi.com/caselaws?id=20513 The court upheld the Tribunal's decisions on the first two issues, ruling against the assessee. On the third issue, the court ruled in favor of the assessee, stating that initial depreciation should not be deducted in determining the written down values of depreciable assets for the computation of capital employed under section 80J. en-us Thu, 09 Apr 1992 00:00:00 +0530 Sat, 14 Nov 2009 13:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20513 The court upheld the Tribunal's decisions on the first two issues, ruling against the assessee. On the third issue, the court ruled in favor of the assessee, stating that initial depreciation should not be deducted in determining the written down values of depreciable assets for the computation of capital employed under section 80J. Case-Laws Income Tax Thu, 09 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20513