Depreciation allowable on Machinery ready but could not be put to use

DCIT Vs Agile Electric Sub Assembly Pvt. Ltd. (ITAT Chennai) Admittedly, the assessee has filed a tabular chart explaining date of purchase of machinery and completion of commissioning of such machinery, as per which all the plant and machinery was commissioned before 30.03.2013. The assessee had also placed on record commissioning report for installation and commissioning of plant and machinery . It is also an admitted fact that before Assessing Officer, the assessee has placed on record details of finished goods produced from the new plant and machinery installed and put to use for the relev...