102 results for “depreciation”+ Section 143(1)clear
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In the result, ITA No. 261/Asr/2022 is dismissed and ITA No
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
143 taxmann.com 178 (SC). In this decision, it was noted by Hon’ble Court that there was divergent of opinion amongst various Hon’ble High Courts viz. High Courts of Bombay, Himachal Pradesh, Calcutta, Guwahati and Delhi favoring the interpretation beneficial to the assessee on one hand whereas High Courts of Kerala and Gujarat favoring interpretation in favour