M/S. Techno Shares & Stocks Ltd vs Commissioner Of Income Tax-Iv on 9 September, 2010
5. Whether the assessee is entitled to depreciation in
respect of Stock Exchange card of Ahmedabad Stock
Exchange is concerned, as such, the same is directly
and squarely covered by a decision of Hon'ble Supreme
Court in the case of Techno Shares & Stock Limited
v. Commissioner of Income-Tax, reported in [2010]
327 ITR 323 (SC) as well as another decision of Apex
Court in the case of Commissioner of Income-tax,
Kolkata v. Smifs Securities Limited, reported in
[2012] 348 ITR 302 [SC].