Depreciation optional- Assessee can claim Depreciation partly in respect of certain block of assets & not in respect of other

Whether, the Appellate Tribunal is right in law and on facts in holding that depreciation not claimed for by the assessee, cannot be allowed as a deduction despite the introduction of the concept of block assets ?” As far as this aspect is concerned, the finding of fact recorded by the CIT(Appeals) which reads as under: “3. The contentions of the appellant and the reasons given by the Assessing Officer in allowing full depreciation are considered. The decision of CIT v. Mother India Refrigeration (P) Ltd. (Supreme Court) relied on by the assessing Officer is not applicable in the instant c...