https://www.taxtmi.com/caselaws?id=25354 The High Court upheld the Tribunal's decisions on various issues raised by the Commissioner of Income-tax, emphasizing the factual basis of the Tribunal's conclusions. The Court ruled in favor of the assessee regarding entitlement to claim depreciation on a sum as part of the actual cost of construction for business purposes, interpretation of charges levied by the Union Government, and treatment of expenses claimed as repairs. The Court dismissed applications seeking references on these matters, highlighting the legitimate nature of the expenses incurred by the assessee for business purposes. en-us Fri, 20 Feb 1987 00:00:00 +0530 Thu, 28 Jan 2010 11:07:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25354 The High Court upheld the Tribunal's decisions on various issues raised by the Commissioner of Income-tax, emphasizing the factual basis of the Tribunal's conclusions. The Court ruled in favor of the assessee regarding entitlement to claim depreciation on a sum as part of the actual cost of construction for business purposes, interpretation of charges levied by the Union Government, and treatment of expenses claimed as repairs. The Court dismissed applications seeking references on these matters, highlighting the legitimate nature of the expenses incurred by the assessee for business purposes. Case-Laws Income Tax Fri, 20 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25354