https://www.taxtmi.com/caselaws?id=470733 Depreciation on a block of assets cannot be disallowed by segregating individual plant-and-machinery items that were not separately used during the relevant accounting year. Once assets within the block have been used for business, simultaneous use of every item in that block is not required. Depreciation remains allowable for the block, making a disallowance based solely on non-use of particular items unsustainable. en-us Thu, 18 Dec 2014 00:00:00 +0530 Thu, 06 Aug 2026 13:04:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470733 Depreciation on a block of assets cannot be disallowed by segregating individual plant-and-machinery items that were not separately used during the relevant accounting year. Once assets within the block have been used for business, simultaneous use of every item in that block is not required. Depreciation remains allowable for the block, making a disallowance based solely on non-use of particular items unsustainable. Case-Laws Income Tax Thu, 18 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470733