https://www.taxtmi.com/caselaws?id=456825 The Bombay HC dismissed the appeal, affirming the assessee's entitlement to additional depreciation. The submission of Form 3AA during assessment proceedings was deemed sufficient to qualify for the additional depreciation benefit. The court upheld that procedural compliance during the assessment was adequate for the claim, thus ruling in favor of the assessee. en-us Fri, 24 Jun 2011 00:00:00 +0530 Sat, 17 Aug 2024 10:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456825 The Bombay HC dismissed the appeal, affirming the assessee's entitlement to additional depreciation. The submission of Form 3AA during assessment proceedings was deemed sufficient to qualify for the additional depreciation benefit. The court upheld that procedural compliance during the assessment was adequate for the claim, thus ruling in favor of the assessee. Case-Laws Income Tax Fri, 24 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456825