https://www.taxtmi.com/caselaws?id=21033 The High Court of CALCUTTA ruled that hotels are entitled to extra depreciation allowance but not extra shift depreciation allowance under the Income-tax Act, 1961. The court clarified that the concept of shift working does not apply to hotels operating continuously. Approved hotels can claim extra depreciation allowance as per specific provisions, while unapproved hotels are not eligible for either extra shift or extra depreciation allowances. The court's interpretation aligned with the legislative intent, and it declined to certify the case for appeal to the Supreme Court, finding no ambiguity in the law. en-us Tue, 19 Jan 1993 00:00:00 +0530 Wed, 18 Nov 2009 17:10:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21033 The High Court of CALCUTTA ruled that hotels are entitled to extra depreciation allowance but not extra shift depreciation allowance under the Income-tax Act, 1961. The court clarified that the concept of shift working does not apply to hotels operating continuously. Approved hotels can claim extra depreciation allowance as per specific provisions, while unapproved hotels are not eligible for either extra shift or extra depreciation allowances. The court's interpretation aligned with the legislative intent, and it declined to certify the case for appeal to the Supreme Court, finding no ambiguity in the law. Case-Laws Income Tax Tue, 19 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21033