ACIT, MADURAI vs. J.K.FENNER (INDIA) LTD., MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

section 32 is retrospective. 3.3 The CIT(A) ought to have seen that the quoted decision is not a jurisdictional High Court’s decision and it appears that the issue has not reached finality. 6. The material fact in AY 2008-09 are that during the course of assessment proceedings, it transpired that the assessee claimed set-off of depreciation

J.K.FENNER (INDIA) LIMITED,CHENNAI vs. JCIT, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes