https://www.taxtmi.com/caselaws?id=36396 The High Court ruled in favor of the assessee regarding the entitlement to depreciation on expenditure incurred prior to the factory's commencement. The expenses were deemed necessary for putting the plant into production, making them eligible for depreciation. However, the High Court declined to address the capitalization of salary and perquisites paid to foreign technicians after the business began, as the question was referred by the Commissioner without an application. The Commissioner was instructed to cover the reference costs for the assessee. en-us Wed, 02 Jul 1980 00:00:00 +0530 Mon, 22 Mar 2010 11:24:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36396 The High Court ruled in favor of the assessee regarding the entitlement to depreciation on expenditure incurred prior to the factory's commencement. The expenses were deemed necessary for putting the plant into production, making them eligible for depreciation. However, the High Court declined to address the capitalization of salary and perquisites paid to foreign technicians after the business began, as the question was referred by the Commissioner without an application. The Commissioner was instructed to cover the reference costs for the assessee. Case-Laws Income Tax Wed, 02 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36396