Case Law Details
Case Name : CIT Vs Doom Dooma India Ltd. (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
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RELEVANT PARAGRAPHS:
10. In the case of Commr. of Income-tax, Madhya Pradesh, Nagpur and Bhandara v. Nandlal Bhandari Mills Ltd. – (1966) 60 ITR 173, which judgment was in the context of composite income, the question inter alia arose whether depreciation “actually allowed” would mean depreciation deducted in arriving at the taxable income or the depreciation deducted in arriving at the world income (composite income). In that case the assesse
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