PLASTIBLENDS INDIA LIMITED THROUGH ITS CHAIRMAN AND MANAGING DIRECTOR vs. ADDL.COMMISSIONER OF INCOME TAX RANGE 8(2) MUMBAI
C.A. No.-000238-000238 - 2012Supreme Court09 Oct 2017
Bench: HON'BLE MR. JUSTICE A.K. SIKRI
Section 143(1)(a)Section 32Section 80
reassessment proceedings and
passed an assessment order under Section 143(3) read with Section
147 computing the gross total income at Rs.34,15,583/-. Though, the
assessee had disclaimed deduction in respect of depreciation, the AO
allowed deduction on this account as well in respect of the same in the
sum of Rs.2,13,89,379/- while computing the profit