Sec. 32(1)(vi), Sec. 43(1), Section 32, Section 43

Madras H.C : The assessee is entitled to initial depreciation as claimed by it on the basis that it manufactures articles or things falling under item 8 of Ninth Schedule which reads “Industrial and Agricultural machinery”

High Court Of Madras CIT vs. Indian Textile Paper Tube Co. Ltd Sections 32(1)(vi), 43(1) Asst. Year 1977-78 Abdul Hadi […]