https://www.taxtmi.com/caselaws?id=26196 The High Court ruled in favor of the assessee, allowing the claim for 100% depreciation on salt pans, condensers, etc. The Court held that the withdrawal of depreciation granted to the assessee was not justified as the materials used in constructing the salt pans were earth and clay, entitling the assessee to claim 100% depreciation. Consequently, the Court did not address the issue of reopening the assessment under section 147(b) of the Income-tax Act, 1961, as the favorable decision on the depreciation claim made the first issue academic. en-us Wed, 05 Mar 1986 00:00:00 +0530 Wed, 03 Feb 2010 13:36:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26196 The High Court ruled in favor of the assessee, allowing the claim for 100% depreciation on salt pans, condensers, etc. The Court held that the withdrawal of depreciation granted to the assessee was not justified as the materials used in constructing the salt pans were earth and clay, entitling the assessee to claim 100% depreciation. Consequently, the Court did not address the issue of reopening the assessment under section 147(b) of the Income-tax Act, 1961, as the favorable decision on the depreciation claim made the first issue academic. Case-Laws Income Tax Wed, 05 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26196