S. 32: Depreciation — For the prior period the revenue cannot thrust upon the depreciation on the basis of written down value , in the preceding years , if the assessee had not claimed it . [S. 32, Expl. 5, 43(6) ]

S. 32:Depreciation- Unabsorbed depreciation allowance available in assessment years 1995-96 to 2001-02, to be carried forward to succeeding years. [ S. 32(2) ]

S. 32: Depreciation — Leasehold rights of coal bearing Land — Intangible Assets — Not entitled to depreciation [ S. 32(1)(iii) ]

S. 32: Depreciation — Advertising Company — Hoardings is entitled to 100 Per Cent. depreciation.

S. 32: Depreciation —Batteries used along with Ups and forming system for power back up in case of power failure was entitled to depreciation at 60%.

S. 32: Depreciation — Block of assets — Sale of bottles and crates was not revenue receipts, sale proceeds to be reduced from block of assets [ S. 2(11), 43(5) ]

S. 32 : Depreciation – Application of income as cost of assets -–Disallowance of depreciation- Amendment applies prospectively [ S. 11 (6) ]

S.32: Depreciation- Charitable trust – Depreciation is allowable on assets whose cost of acquisition allowed as application to charitable purpose [ S. 12AA, 13(3) ]

S. 32: Depreciation — Unabsorbed depreciation —Effect of amendment to Section 32(2) by Finance Act, 2001 —Unabsorbed depreciation or part thereof not set off till assessment year was allowed to be set off and carry forward- Provision to be construed in its own terms , benefit or advantages not to be restricted [ S. 32(2) ]

S. 28(iv): Business income -Benefit or perquisite –Brand ambassador- Gift of car received for doing promotional activities was held to be taxable as professional income .