The view that unabsorbed depreciation once allocated to the partners cannot be taken back to the firm 's assessment for being carried forward by the firm and that the partners alone are entitled to carry forward the unabsorbed depreciation for being set off against their income, has been taken in the following cases: (a) K. T. Wire Products vs Union of India, (b) Garden Silk Weaving Factory, and Garden Silk Weaving Factory, (c) CIT vs Ram Swarup Gupta, and Raj Narayan Aggarwala vs CIT, ; (d) Shankaranarayana Construction Co. vs CIT, The view that the unabsorbed depreciation, after being carried forward by the partners and set off against their income, reverts back to the registered firm for being carried forward and set off against its income and that any depreciation still remaining unabsorbed will again go to the partners and that if it still remained unabsorbed would revert back to the firm and so on, has been accepted in: (a) Ballarpur Collieries Co. vs CIT, 219 and CIT vs Nagpur Gas & Domestic Appliances, ; (b) CIT vs Nagapattinam Import and Export Corp., ; CIT vs Madras Wire Products, and CIT vs Madras Wire Products, ; (c) CIT vs Singh Transport Co., ; (d) CIT vs J. Patel & Co., ; (e) CIT vs Shrinivasa Sugar (Co., (f) Pearl Woollen Mills vs CIT, and CIT vs Mahavir Steel Rolling Mills,5, & H); and (g) CIT vs R. J. Trivedi & Sons, Shri Harish Salve, learned counsel for the assessee, canvassed the latter of the above views but with a slight modification.