The Commissioner of income Tax-II vs. M/s.Ideal Industrial Explosives Ltd
ITTA/100/2010HC Telangana01 Mar 2016
Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY
For Appellant: M/S. CATHOLIC SYRIAN BANK LTD., THRISSURFor Respondent: THE COMMISSIONER OF INCOME TAX, TRICHUR
disallowance of
depreciation in respect of the current category of
investments. The aforesaid issue is connected with
the additions made for appreciation in the value of
securities which also arise in ITA No.81/2010 for the
assessment year 2002-03.
The question on
depreciation is as to whether at the time of
ITAs3/2010 & conns.
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valuation of securities to prepare
