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![Normal Depreciation could be considered as a legitimate Deduction in Computing the Real Income: Madras HC grants relief to IIET [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/depreciation-legitimate-deduction-real-income-Madras-High-court-IIET-Taxscan.jpeg "Normal Depreciation could be considered as a legitimate Deduction in Computing the Real Income: Madras HC grants relief to IIET [Read Order]")
Normal Depreciation could be considered as a legitimate Deduction in Computing the Real Income: Madras HC grants relief to IIET [Read Order]
The Madras High Court while granting relief to M/s. Indian Institute of Engineering Technology held that Normal depreciation could be considered as a...