https://www.taxtmi.com/caselaws?id=21670 The court ruled in favor of the assessee on the allowance of interest on arrears of commission and the classification of the drainage system for depreciation purposes. It held that overhead water tanks should be considered part of the building for depreciation. However, the court sided with the Department on the inclusion of borrowed capital for relief under section 80J of the Income-tax Act. en-us Mon, 25 May 1992 00:00:00 +0530 Thu, 26 Nov 2009 16:16:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21670 The court ruled in favor of the assessee on the allowance of interest on arrears of commission and the classification of the drainage system for depreciation purposes. It held that overhead water tanks should be considered part of the building for depreciation. However, the court sided with the Department on the inclusion of borrowed capital for relief under section 80J of the Income-tax Act. Case-Laws Income Tax Mon, 25 May 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21670