2001 (1) TMI 779 - AT - Income Tax

Summary

The Appellate Tribunal ITAT Jodhpur allowed 33% depreciation on Chimni and 100% depreciation on tools and Jhuggi Jhopari for assessment year 1990-91. The Tribunal upheld the CIT(A)'s decision on Chimni and Jhuggi Jhopari but restored the issue of depreciation on tools to the Assessing Officer. The appeal of the revenue was partly allowed for statistical purposes.