Section 32 & 36(1)(iia) of the Income-tax Act, 1961—Depreciation— In respect of depreciation of building, machinery, plant or furniture on which depreciation is claimed and allowed under Clause (i) of section 32 and which is, inter alia, sold, discarded etc, in the previous year, not being the year in which it is bought, a deduction is allowed for the amount by which the value of the items falls short of the written down value - PIECO ELECTRONICS & ELECTRICALS LTD. V/s CIT - [2019] 267 TAXMAN 548 (CAL)