Court held that the disallowance of part depreciation claimed by the assessee of the building rented out to its sister concern, the Tribunal had merely followed its earlier view and rejected such claim. (AY. 2003-04)
Apollo Tyres Ltd. v. Dy. CIT (2021) 438 ITR 526/ 283 Taxman 427 (Ker.)(HC)
S. 32 : Depreciation-Part of building let out to sister concern-Disallowance of depreciation is held to be justified. [S. 22]