COVELONG BEACH HOTEL (INDIA) LTD. versus COMMISSIONER OF INCOME-TAX
Depreciation Applicability of Extra Depression Act according to the condition that the reviewer should obtain approval from the Central Government under section 33 if section 33 was not revoked from 1974 to the estimate which obtained the required approval. So in 1982 the Indian income tax was entitled to additional depreciation. Act, 1961, Articles 32 and 33 of the Indian Income Tax Rules, 1962
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