https://www.taxtmi.com/caselaws?id=37589 The court ruled in favor of the assessee regarding the calculation of depreciation and development rebate based on the difference in the rupee value of machinery. However, the court sided with the revenue on the computation of deficiency under section 80J using rule 19A. Each party was directed to bear their own costs due to conflicting outcomes on the issues. en-us Mon, 21 Aug 1978 00:00:00 +0530 Tue, 30 Mar 2010 16:54:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37589 The court ruled in favor of the assessee regarding the calculation of depreciation and development rebate based on the difference in the rupee value of machinery. However, the court sided with the revenue on the computation of deficiency under section 80J using rule 19A. Each party was directed to bear their own costs due to conflicting outcomes on the issues. Case-Laws Income Tax Mon, 21 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37589