https://www.taxtmi.com/caselaws?id=28258 The High Court upheld the Tribunal's decision, allowing 100% depreciation on assets used in the previous year, emphasizing actual use as the key criterion for depreciation eligibility. The Court ruled in favor of the assessee on all three questions, highlighting the importance of actual asset use in determining depreciation entitlement. en-us Wed, 28 Jul 1982 00:00:00 +0530 Sat, 20 Feb 2010 10:44:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28258 The High Court upheld the Tribunal's decision, allowing 100% depreciation on assets used in the previous year, emphasizing actual use as the key criterion for depreciation eligibility. The Court ruled in favor of the assessee on all three questions, highlighting the importance of actual asset use in determining depreciation entitlement. Case-Laws Income Tax Wed, 28 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28258