https://www.taxtmi.com/caselaws?id=57968 The ITAT upheld the reclassification of horses as fixed assets eligible for depreciation, allowed the deduction for the dead horse under section 36(1)(vi), and approved the allocation of common expenses based on turnover ratio. The departmental appeal was dismissed. en-us Thu, 30 May 1985 00:00:00 +0530 Wed, 15 Dec 2010 16:27:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57968 The ITAT upheld the reclassification of horses as fixed assets eligible for depreciation, allowed the deduction for the dead horse under section 36(1)(vi), and approved the allocation of common expenses based on turnover ratio. The departmental appeal was dismissed. Case-Laws Income Tax Thu, 30 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57968