https://www.taxtmi.com/caselaws?id=36287 For assessment year 1962-63, actual cost and written down value of service lines had to be computed under the Income-tax Act, 1961, because the return was filed after that Act commenced; contributions from consumers were deductible in determining actual cost, and the earlier 1922 Act valuation did not control the later computation. Depreciation and development rebate on the service lines were likewise governed by the Income-tax Act, not by the Electricity Act, so the Electricity statutes could not determine the allowance. However, once the assessment issues had been carried in appeal and merged in the appellate order, section 154 could not be used to amend the same matter. en-us Mon, 15 Sep 1980 00:00:00 +0530 Sat, 20 Mar 2010 14:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36287 For assessment year 1962-63, actual cost and written down value of service lines had to be computed under the Income-tax Act, 1961, because the return was filed after that Act commenced; contributions from consumers were deductible in determining actual cost, and the earlier 1922 Act valuation did not control the later computation. Depreciation and development rebate on the service lines were likewise governed by the Income-tax Act, not by the Electricity Act, so the Electricity statutes could not determine the allowance. However, once the assessment issues had been carried in appeal and merged in the appellate order, section 154 could not be used to amend the same matter. Case-Laws Income Tax Mon, 15 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36287