1998 (3) TMI 169 - ITAT BANGALORE

Extract:
.......cted to assessment in an assessment under Chapter XIV-B of the Income-tax Act. Furthermore, on merits also, we do not find sufficient materials for the Department to disallow the claim of the assessee towards depreciation and to add back interest amounts as well as discounting charges. 40. In the result, the appeal filed by the assessee is allowed.