VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX
C.A. No.-001234-001234 - 2012Supreme Court18 Oct 2016
Section 260Section 583(4)(a)
depreciable assets. For the purposes
of calculation/ computation, figures were taken from Table II incorporated
in the Assessment Order itself mentioning the market value of these
assets. This Table II reads as under:
S.No.
Asset
%age
Sales/Market
Value
Amount in
assessee's case
1.
Land as per H.S. Seshagiri –
Registered Valuer
19.00
17,47,90,000
2
