MALAYALA MANORAMA CO LTD. vs. COMMR.OF INCOME TAX, TRIVANDRUM

The appeals are allowed and the

depreciation as per the Income Tax Rules for the purposes of computing the book profit under section 115J of the Companies Act?\024 The questions raised by the assessee are as under: \0231. Whether on the facts and in the circumstances of the case, the tribunal was justified in upholding the finding of the CIT (Appeals) that the proceeding

COMMISSIONER OF INCOME TAX CHENNAI vs. TULSYAN NEC LTD