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I.T.AS. NOS. 117/LB TO 122/LB OF 1986-87, 569/LB AND 570/LB OF 1981-82, DECIDED ON 26TH JUNE, 1988. versus I.T.AS. NOS. 117/LB TO 122/LB OF 1986-87, 569/LB AND 570/LB OF 1981-82, DECIDED ON 26TH JUNE, 1988.


Schedule III, Rr 1, 2 and 8 (7) (b) (ii) Income Tax Act (XI of 1922), section 10 (2) (n) express written principle of depreciation allowance assets expressing the principle of depreciation Permission is allowed to mean depreciation allowance when the total cost of the allowance for depreciation, which was to be deducted from the original cost, is what the reviewer ordered under the ordinance, or in relation to the year before. The repeal act was allowed either under the repeal act or ordinance in the first years, its total amount will be deducted from the original price for the purpose of meeting the written price.

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