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1 result for “depreciation”+ Section 43(1)clear

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M/S MANGALORE GANESH BEEDI WORKS vs. COMMISSIONER OF INCOME TAX, MYSORE

The appeals are disposed of in the above terms

C.A. No.-010547-010548 - 2011Supreme Court15 Oct 2015
Section 35ASection 37

depreciation on the Intellectual Property Rights was rejected by the Commissioner of Income-Tax (Appeals). 4 Page 5 JUDGMENT 12. As a result of the appellate order, the Revenue was aggrieved by the deduction granted to the Assessee in respect of legal expenses and so it preferred an appeal before the Tribunal. The Assessee was aggrieved by the rejection