https://www.taxtmi.com/caselaws?id=20557 The High Court ruled in favor of the assessee, allowing depreciation on the technical know-how expenditure and including travelling expenses in the actual cost of the asset for depreciation calculation. The decision was based on established legal principles and previous court judgments, affirming that all necessary expenditure to bring the assets into existence should be considered in the actual cost for depreciation purposes. en-us Wed, 31 Mar 1993 00:00:00 +0530 Sat, 14 Nov 2009 16:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20557 The High Court ruled in favor of the assessee, allowing depreciation on the technical know-how expenditure and including travelling expenses in the actual cost of the asset for depreciation calculation. The decision was based on established legal principles and previous court judgments, affirming that all necessary expenditure to bring the assets into existence should be considered in the actual cost for depreciation purposes. Case-Laws Income Tax Wed, 31 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20557