This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Section 50 would apply only to cases where ‘assessee’ had obtained depreciation
Case Law Details
- Case Name
- Kali Aerated Water Works Vs. Commissioner of Income Tax (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
Advertisement
HIGH COURT OF MADRAS
Kali Aerated Water Works
Vs.
Commissioner of Income Tax
R. JAYASIMHA BABU AND N.V BALASUBRAMANIAN JJ.
TAX CASE NOS. 1546 AND 1547 OF 1984
FEBRUARY 11, 1998
JUDGMENT
R. Jayasimha Babu, J.—Two questions have been referred to us at the instance of the assessee arising out of the assessment for the year 1979-80. At the instance of the Revenue a question which is interconnected with the questions raised by the assessee has also been referred.
The questions referred at the instance of the assessee are:
“(1) Whether, on the facts and in the circumstance...
