In the result, this appeal of the Revenue is dismissed
Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) D.C.I.T. M/S J.K. Paper Ltd. Circle-1(1)(2), P.O. Central Pulp Mill, Vs. Surat. Fort Songadh, Surat. Pan : Aaact 6305 N Appellant Respondednt
depreciation has been allowed by A.O on enhanced project cost in order passed u/s 143(3) of the Act for A.Y 2015-16. The assessee also relied on the case law of Hon’ble Supreme Court in CIT Vs Bokaro Steel Ltd (236 ITR 315-SC). 9. The ld CIT(A) after considering the submissions of the assessee held that