https://www.taxtmi.com/caselaws?id=313198 The appeal concerning the disallowance of additional depreciation was partly allowed. The ITAT upheld the assessee's eligibility to claim the balance 50% depreciation for plant and machinery used for less than 180 days in the previous year, as per Section 32(1)(iia). The AO was directed to allow the claim, resolving the issue in favor of the assessee. en-us Thu, 21 Sep 2017 00:00:00 +0530 Fri, 29 Mar 2024 16:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313198 The appeal concerning the disallowance of additional depreciation was partly allowed. The ITAT upheld the assessee's eligibility to claim the balance 50% depreciation for plant and machinery used for less than 180 days in the previous year, as per Section 32(1)(iia). The AO was directed to allow the claim, resolving the issue in favor of the assessee. Case-Laws Income Tax Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313198