Bombay H.C : An asset cannot move out of the ‘Block of Assets’, if depreciation was allowed to the asset some time in the past, even though depreci tion was claimed for many years thereafter
High Court Of Bombay Meena V. Pamnani vs. CIT Section 50, 48(2), 80(J) Asst. Year 1991-92 S.C. Dharmadhikari & Prakash […]