https://www.taxtmi.com/caselaws?id=34172 The court ruled in favor of the Revenue, stating that the fluid bed drier does not qualify as an energy-saving device eligible for 100% depreciation under the Income-tax Rules. The order of the Income-tax Appellate Tribunal was set aside, and the appeal was allowed. The court emphasized that the depreciation table specifies the equipment eligible for depreciation, and the fluid bed drier is not included in that list. en-us Tue, 23 Dec 2008 00:00:00 +0530 Tue, 21 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34172 The court ruled in favor of the Revenue, stating that the fluid bed drier does not qualify as an energy-saving device eligible for 100% depreciation under the Income-tax Rules. The order of the Income-tax Appellate Tribunal was set aside, and the appeal was allowed. The court emphasized that the depreciation table specifies the equipment eligible for depreciation, and the fluid bed drier is not included in that list. Case-Laws Income Tax Tue, 23 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34172