https://www.taxtmi.com/caselaws?id=36591 The High Court affirmed that assets purchased for scientific research qualify for depreciation allowances under section 32 in years other than the year of purchase. The Court rejected the argument of double relief, clarifying that depreciation allowance is not subject to other deductions under the Act. The decision upheld the entitlement of the assessee to claim depreciation for such assets even in subsequent years. Each party was ordered to bear their own costs. en-us Wed, 30 Jul 1980 00:00:00 +0530 Tue, 23 Mar 2010 12:51:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36591 The High Court affirmed that assets purchased for scientific research qualify for depreciation allowances under section 32 in years other than the year of purchase. The Court rejected the argument of double relief, clarifying that depreciation allowance is not subject to other deductions under the Act. The decision upheld the entitlement of the assessee to claim depreciation for such assets even in subsequent years. Each party was ordered to bear their own costs. Case-Laws Income Tax Wed, 30 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36591