3 results for “depreciation”+ Section 249(4)clear
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Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY
depreciation on securities (iv) floating rate notes of London branch (v) DICGC loans (vi) suits filed accounts (vii) miscellaneous provision cannot be added back in accordance with Explanation of Section 115JA of the Act in the light of the judgment of the Apex court in H.C.L. Comnet when there is diminution in the value of assets as contended