https://www.taxtmi.com/caselaws?id=56760 The Appellate Tribunal partially allowed the assessee's appeal regarding the claim of investment allowance for machinery in the cold storage, entitlement to deduction for borrowed capital in an industrial undertaking, and depreciation rate on the cold storage building. The Tribunal upheld the investment allowance for the cold storage machinery, allowed the deduction for borrowed capital, and supported the higher depreciation rate for the cold storage building. The department's appeal was dismissed, and the Tribunal's decisions were based on the interpretation of relevant provisions and precedents. en-us Tue, 16 Oct 1984 00:00:00 +0530 Mon, 06 Dec 2010 16:15:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56760 The Appellate Tribunal partially allowed the assessee's appeal regarding the claim of investment allowance for machinery in the cold storage, entitlement to deduction for borrowed capital in an industrial undertaking, and depreciation rate on the cold storage building. The Tribunal upheld the investment allowance for the cold storage machinery, allowed the deduction for borrowed capital, and supported the higher depreciation rate for the cold storage building. The department's appeal was dismissed, and the Tribunal's decisions were based on the interpretation of relevant provisions and precedents. Case-Laws Income Tax Tue, 16 Oct 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56760