Supreme Court · 1996 INSC 1312 · Decided 8 November 1996
East India Hotels LTD. Calcutta v. Commissioner of Income Tax, Calcutta
- Court
- Supreme Court of India
- Citation
- 1996 INSC 1312 · [1996] SUPP. 8 S.C.R. 632
- Case number
- CIVIL APPEAL No. 4167/1994
- Decided
- 8 November 1996
- Bench
- B.P. JEEVAN REDDY, K.S. PARIPOORNAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 32, 256(2), 263
Headnote
Income Tax Act, 1961: Section 32. Income Tax-Depreciation-Approved Hotel-Extra Shift C depreciation allowance-AY 1977-78-Entitlement to-Held: Approved hotel entitled not only to extra depreciation allowance but also to extra shift depreciation allowance-Income Tax Rules, 1962, R.5 and Appendix I, D Words and Phrases : "Shift"-Meaning of-In the context ofS.2(r) of the Factories Act, 1948. The appellant-assessee was running an "approved hotel" and in respect of the Assessment Year 1977-78 the Inspecting Assistant E Commissioner allowed deduction for depreciation which
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)