https://www.taxtmi.com/caselaws?id=20740 Printing rolls were held not to fall within the depreciation entry for "patterns", "dies" or "templates" in Appendix I, Part I(III) of the Income-tax Rules, 1962. Applying the ordinary meanings of those terms, the court noted that a printing roll is only the substrate on which engraving is later done and is neither the model, the embossing instrument, nor the guide from which a design is formed; separate allowance of engraving charges did not change that character. The higher depreciation rate of 30 per cent. was therefore unavailable, and the asset was confined to depreciation at 10 per cent. en-us Wed, 11 Mar 1992 00:00:00 +0530 Tue, 08 Jul 2025 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20740 Printing rolls were held not to fall within the depreciation entry for "patterns", "dies" or "templates" in Appendix I, Part I(III) of the Income-tax Rules, 1962. Applying the ordinary meanings of those terms, the court noted that a printing roll is only the substrate on which engraving is later done and is neither the model, the embossing instrument, nor the guide from which a design is formed; separate allowance of engraving charges did not change that character. The higher depreciation rate of 30 per cent. was therefore unavailable, and the asset was confined to depreciation at 10 per cent. Case-Laws Income Tax Wed, 11 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20740