https://www.taxtmi.com/caselaws?id=20859 The court ruled in favor of the assessee on issues concerning depreciation on roads, walls, and fences, extra shift allowance on water system and sanitation, depreciation on capitalised loss due to fluctuation in foreign exchange rates, and deduction under Section 35(1)(iv) for capital work-in-progress. Additionally, the court decided in favor of the assessee on the deduction under Section 80J including the value of capital assets. However, the court upheld the Tribunal's decision in favor of the Revenue on the interpretation of profits and gains from new undertakings under sections 80J and 80HH. en-us Mon, 13 Apr 1992 00:00:00 +0530 Tue, 17 Nov 2009 16:23:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20859 The court ruled in favor of the assessee on issues concerning depreciation on roads, walls, and fences, extra shift allowance on water system and sanitation, depreciation on capitalised loss due to fluctuation in foreign exchange rates, and deduction under Section 35(1)(iv) for capital work-in-progress. Additionally, the court decided in favor of the assessee on the deduction under Section 80J including the value of capital assets. However, the court upheld the Tribunal's decision in favor of the Revenue on the interpretation of profits and gains from new undertakings under sections 80J and 80HH. Case-Laws Income Tax Mon, 13 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20859