Depreciation @ 100% on’ Advertisement hoardings treated as temporary structures allowable

D.C.I.T. Vs. M/s. One Ad Display Pvt. Ltd. (ITAT Kolkata)  Issue-  Depreciation @ 100% on’ hoardings treated as temporary structures as against the treatment given by the AO as plant and machinery allowing depreciation @ 15%. Held by ITAT Tribunal has already taken a view in favour of the assessee in the past assessment referred to in the earlier part of this order. It cannot be argued by the DR at this stage that in none of these decisions the question whether the hoardings were temporary or permanent structure was considered by the Tribunal. Going by the principle of consistency we a...