Change in depreciation method from SML to WDV is an approved method & depreciation so charged is allowable U/s. 115J

HIGH COURT OF ALLAHABAD Commissioner of Income-tax, Meerut versus Hindustan Pipe Udyog Ltd. IT Appeal No. 182 of 2000 AUGUST 28, 2012 ORDER 1. We have heard Sri Dhananjai Awasthi for the appellant-department. Shri Bhoopesh Jain and Sri R.S. Agarwal appears for the respondent- assessee. 2. This appeal was admitted on the following questions of law:- “(1) Whether on the facts and in the circumstances of the case, the Tribunal was justified in holding that for purposes of computing relief u/s 80 I, relief granted u/s 80 HH cannot be deducted from the gross total income? (2...