The Commissioner of Income Tax IV vs. M/s. Nav Bharat Enterprises Limited

depreciation of Rs.17.06,58,039/- on software imported even though the assessing authority had rightly disallowed the expenditure under section 40(a)(i) of IT Act as the assessee had failed to comply with the provisions of section 195 while making payments to the vendors? (3) Whether on the facts and circumstances of the case, the tribunal is right

THE STATE BANK OF HYD. vs. THE JT.COMMI.SPL.RANGE IV HYD.