https://www.taxtmi.com/caselaws?id=57468 The appeal was partially allowed, directing the Assessing Officer to re-examine the allowance of depreciation for earlier years and adjust the book profit accordingly. The levy of additional tax was confirmed in principle, with the assessee entitled to consequential relief based on the revised computation of net total income as per the Tribunal's directions. en-us Thu, 27 May 1993 00:00:00 +0530 Fri, 10 Dec 2010 12:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57468 The appeal was partially allowed, directing the Assessing Officer to re-examine the allowance of depreciation for earlier years and adjust the book profit accordingly. The levy of additional tax was confirmed in principle, with the assessee entitled to consequential relief based on the revised computation of net total income as per the Tribunal's directions. Case-Laws Income Tax Thu, 27 May 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57468