Search: depreciation

2 results for “depreciation”+ Section 10(14)(i)clear

Sorted by relevance

Key Topics

PR. COMMISSIONER OF INCOME TAX vs. M/S BRAHMAPUTRA CRACKER AND POLYMER LIMITED....b

ITA/16/2022HC Gauhati11 Apr 2023

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MR. JUSTICE SOUMITRA SAIKIA

14. In the case of Commissioner of Income Tax, Trivandrum Vs. Autokast Limited (supra) referred by Mr. S.C. Keyal, in the peculiar facts and circumstances, Hon’ble Supreme Court did not enter into the factual aspects of the matter and accepted the appeal of Revenue by placing reliance on the judgment rendered in the case of Tuticorin Alkali Chemicals Fertilizers

THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. M/S GREENPLY INDUSTRIES LIMITED

ITA/6/2023HC Gauhati03 Mar 2025

Bench: Honourable The Chief Justice Honourable Mr. Justice N. Unni Krishnan Nair Date Of Hearing : 25.02.2025 Date Of Judgment & Order : 04.03.2025

For Respondent: B SARMA, DR. ASHOK SARAF,MR P BARUAH,MR. N N

Section 115Section 143(3)Section 260A

14. The importance of the judgment of this Court in Sahney Steel case lies in the fact that it has discussed and analysed the entire case law and it has laid down the basic test to be applied in judging the character of a subsidy. That test is that the character of the receipt in the hands of the assessee