SUPREME COURT OF INDIA
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SPECIAL LEAVE TO APPEAL (C) NO. 18227 OF 2016
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Commissioner of Income-tax (Exemptions), Jaipur.................................Appellant.
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Vijaya Shanti Educational Trust..............................................................Respondent |
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A.K. SIKRI AND N.V. RAMANA, JJ.
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| Date :OCTOBER 3, 2016 |
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| Appearances |
Ms. Pinky Anand, ASG, Rupesh Kumar, Manish Pushkarna and Mrs. Anil Katiyar, Advs. for the Petitioner.
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Section 32 read with section 11 of the Income Tax Act, 1961 — Depreciation — SLP was to be granted as assessee, an educational trust claimed depreciation on capital assets for capital expenditure had already been allowed and Tribunal allowed claim of appreciation and high court following its earlier judgement dismissed appeal preferred by revenue — Commissioner of Income Tax vs. Vijaya Shanti Educational Trust.
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ORDER
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1. Delay condoned.
2. Leave granted.
3. To be heard along with Civil Appeal No. 7173 of 2016.
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[2016] 243 TAXMAN 175 (SC) |
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