https://www.taxtmi.com/caselaws?id=34054 The court ruled in favor of the Revenue, holding that the case fell under section 187(1) of the Income-tax Act. The court allowed the appeal, stating that the Tribunal's decisions on separate assessments and depreciation were not justified. The parties were directed to bear their own costs. en-us Mon, 20 Apr 2009 00:00:00 +0530 Thu, 09 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34054 The court ruled in favor of the Revenue, holding that the case fell under section 187(1) of the Income-tax Act. The court allowed the appeal, stating that the Tribunal's decisions on separate assessments and depreciation were not justified. The parties were directed to bear their own costs. Case-Laws Income Tax Mon, 20 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34054