Supreme Court · 1992 INSC 139 · Decided 29 April 1992
C.I.T., Bombay v. Gwalior Rayon Silk Manufacturing CO. LTD.
- Court
- Supreme Court of India
- Citation
- 1992 INSC 139 · [1992] 2 S.C.R. 1017
- Case number
- CIVIL APPEAL No. 2916/1980
- Decided
- 29 April 1992
- Bench
- N.M. KASLIWAL, K. RAMASWAMY (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 32
Headnote
Income Tax Act 1961 : Section 32. Income Tax (Founh Amendment) Rules 1983. Depreciation allowance-Nature and object of. Roads and drains-Land within factory premises-Necessary adjuncts to factory buildings-Treated as 'building' for purposes of depreciation. Statutory Interpretation : Taxing and in favour of assessee. Administrative Law : Subordinate legislation-Rules validly made have same force as sec­ tions of Act. Practice and Procedure A B c D E Interpretation consistent~y given over years-Accepted and acted upon F by department-Nonnally not to be upset-Even though
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)