https://www.taxtmi.com/caselaws?id=25600 Permission to change the accounting year could not be coupled with arbitrary conditions that denied statutory deductions for the extended period. The assessee remained entitled to depreciation under section 32 read with rule 5 and investment allowance under section 32A for the relevant excess period, and the impugned restriction unlawfully curtailed those entitlements. The objection based on delay and alleged acceptance of the condition was rejected, and the invalid condition was held severable from the rest of the order. en-us Mon, 14 Sep 1987 00:00:00 +0530 Wed, 05 Oct 2016 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25600 Permission to change the accounting year could not be coupled with arbitrary conditions that denied statutory deductions for the extended period. The assessee remained entitled to depreciation under section 32 read with rule 5 and investment allowance under section 32A for the relevant excess period, and the impugned restriction unlawfully curtailed those entitlements. The objection based on delay and alleged acceptance of the condition was rejected, and the invalid condition was held severable from the rest of the order. Case-Laws Income Tax Mon, 14 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25600