https://www.taxtmi.com/caselaws?id=29389 The court ruled in favor of the assessee on the interpretation of profits under section 41(2) but upheld the decision in favor of the Revenue concerning the allowance of depreciation for the assessment year 1971-72. en-us Thu, 05 Nov 1981 00:00:00 +0530 Fri, 12 Mar 2010 15:25:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29389 The court ruled in favor of the assessee on the interpretation of profits under section 41(2) but upheld the decision in favor of the Revenue concerning the allowance of depreciation for the assessment year 1971-72. Case-Laws Income Tax Thu, 05 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29389