TMI Blog2010 (9) TMI 276X X X X Extracts X X X X X X X X Extracts X X X X ..... rily - depreciation claimed by the assessee company without considering the fact that most of the branches and units of the assessee company did not work for extra shift particularly in view of the fact that Profit and Loss of each branch is to be computed independently - account books of the assessee were rejected - Held that: - The department has not been able to show that addition in the tradin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... acs made out of depreciation claimed by the assessee company without considering the fact that most of the branches and units of the assessee company did not work for extra shift particularly in view of the fact that Profit and Loss of each branch is to be computed independently?" The account books of the assessee were rejected. The ITAT has deleted the addition of Rs.3 crores made in the trad ..... X X X X Extracts X X X X X X X X Extracts X X X X
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