ACIT, TRICHY vs. THE KARUR VYSYA BANK LTD., KARUR

In the result, I.T.A. Nos

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.1340 & 1341/Mds/2013 "नधा"रण वष" / Assessment Years : 2003-04 & 2005-06

depreciation, first the assessee has to establish that it owned the assets and used in the business of leasing in the course of its business activity. The lease agreement was also not produced by the assessee before this Tribunal. Therefore, this Tribunal is of the considered opinion that the matter needs to be re- examined by the Assessing Officer. Accordingly

THE KARUR VYSYA BANK LTD.,KARUR vs. ADDL. CIT, TRICHY

In the result, I.T.A. Nos