https://www.taxtmi.com/caselaws?id=416364 The Tribunal allowed the appeal filed by the assessee for the balance additional depreciation on assets used for less than 180 days in the preceding financial year. The Tribunal interpreted the relevant provision liberally, following its earlier decision and a High Court ruling, allowing the balance 10% additional depreciation to be claimed in the subsequent year. The Revenue's appeal was dismissed, and the assessee's claim for balance additional depreciation was upheld. en-us Thu, 16 Dec 2021 00:00:00 +0530 Thu, 16 Apr 2026 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416364 The Tribunal allowed the appeal filed by the assessee for the balance additional depreciation on assets used for less than 180 days in the preceding financial year. The Tribunal interpreted the relevant provision liberally, following its earlier decision and a High Court ruling, allowing the balance 10% additional depreciation to be claimed in the subsequent year. The Revenue's appeal was dismissed, and the assessee's claim for balance additional depreciation was upheld. Case-Laws Income Tax Thu, 16 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416364