Search: depreciation

2 results for “depreciation”+ Section 35Dclear

Sorted by relevance

Mumbai135 Delhi110 Chennai50 Bangalore23 Raipur18 Ahmedabad17 Kolkata16 Cochin9 Hyderabad8 Rajkot5 Karnataka3 Guwahati3 Jaipur2 Cuttack2 SC2 Visakhapatnam2 Kerala1 Nagpur1

Key Topics

Section 36(1)(iii)4 Section 43(1)4 Addition to Income2

DEPUTY COMMISSIONER OF INCOME TAX vs. M/S. CORE HEALTH CARE LTD

C.A. No.-003952-003955 - 2002Supreme Court08 Feb 2008

For Respondent: M/s. Core Health Care Ltd

Section 260ASection 28Section 36(1)(iii)Section 43(1)

Depreciation is not there in Section 36(1)(iii). That is why the legislature has used the words "unless the context otherwise requires". Hence, Explanation 8 has no relevancy to Section 36(1)(iii). It has relevancy to the aforementioned enumerated sections. Therefore, in our view Explanation 8 has no application to the facts of the present case. http://JUDIS.NIC.IN

PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) 2 vs. M/S MAHAGUN REALTORS (P) LTD

The appeal is allowed, in the above terms, without order on costs