KOTAK MAHINDRA BANK LIMITED vs. COMMISSIONER OF INCOME TAX BANGALORE
The appeal is allowed
C.A. No.-009720-009720 - 2014Supreme Court25 Sept 2023
Bench: HON'BLE MRS. JUSTICE B.V. NAGARATHNA
Section 10(15)Section 148Section 245CSection 245C(1)Section 271Section 32Section 80M
Section 245C (1) of the Act, by way
of an application in Form No. 34B bearing No. 563/KNK-III/15/2000-
IT. The appellant sought for determination of its taxable income for the
assessment years 1994-1995 to 1999-2000, after considering the issues
pertaining to the income assessable in respect of its leasing transaction;
eligibility to avail depreciation