M/S. KINFRA EXPORT PROMOTION INDUSTRIAL PARKS LTD., vs. THE JOINT COMMISSIONER OF INCOME TAX (OSD)

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

65,118 has been allowed and the depreciation claimed by the assessee was rejected. Substantially, the dispute between the assessee and the Revenue centres around Section 43(1