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
43D of the Act. Section 32 deals with
depreciation and allows the deductions enumerated therein from the
profits and gains of business or profession. Section 80-IA of the Act, on
the other hand, contains a special provision for assessment of industrial
undertakings or enterprises which are engaged in infrastructure
development etc. This provision allows certain specific kind of
deductions
