Full Depreciation Allowed: Tax Dept. Lacks Evidence Against Asset Readiness Before October 22, 2007 Inauguration.

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....Allowance of depreciation at 50% - Only because the inauguration took place in October, 2007 that cannot be a sole criteria to deny assessee’s claim of depreciation at the full value when there is no material brought on record by the department to show that the plant and machinery and electrical installations were not ready for use prior to 22.10.2007 - AT....