2003 (2) TMI 43

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....is filed by the Commissioner of Income-tax, Cochin, against the judgment of the Income-tax Appellate Tribunal, Cochin Bench, in I.T.A. No 124/Coch. of 1993. The assessee is a company engaged in the business of running a hotel. For the assessment year 1988-89, the assessee-company claimed 100 per cent. depreciation on furniture items costing less than Rs. 5,000. While completing the assessment, the....