Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 1, Cited by 2]

Allahabad High Court

Commissioner Of Income Tax (Central), ... vs M/S Norton Electronics Systems (P) Ltd. on 10 May, 2010

Author: Devi Prasad Singh

Bench: Devi Prasad Singh

Court No. - 27

Case :- INCOME TAX APPEAL No. - 2 of 2003

Petitioner :- Commissioner Of Income Tax (Central), Kanpur
Respondent :- M/S Norton Electronics Systems (P) Ltd.
Petitioner Counsel :- P. Agrawal
Respondent Counsel :- S.K.Garg,Waseequddin Ahmad

Hon'ble Devi Prasad Singh,J.

Hon'ble Dr. Satish Chandra,J. Heard.

The Tribunal has allowed the depreciation on the basis of amended provision for 21 months and has directed the A.O. to re-calculate. Accordingly, there appears no substantial question of law under Section 260-A of the Income Tax Act.

The appeal is dismissed in limine. Order Date :- 10.5.2010 VB/-