Held that since depreciation claimed by assessee on leased assets was already allowed in earlier years, there was no reason to disallow the same in subsequent years. (AY. 2018-19)
Appasaheb Nalawade Gadhinglaj Sahakari Sakhar Karkhana Ltd. v. ACIT (2025) 213 ITD 569 (Pune) (Trib.)
S. 32 : Depreciation-Lease of factory-Allowed earlier years-Allowed the depreciation.
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