Supreme Court · 1992 INSC 292 · Decided 22 October 1992
Escorts Limited and ANR. ETC. ETC. v. Union of India and ORS.
- Court
- Supreme Court of India
- Citation
- 1992 INSC 292 · [1992] SUPP. 2 S.C.R. 153
- Case number
- WRIT PETITION (CIVIL) No. 90/1981
- Decided
- 22 October 1992
- Bench
- S. RANGANATHAN, V. RAMASWAMI, B.P. JEEVAN REDDY (3-judge bench)
- Outcome
- Dismissed
- Case type
- Writ / Constitutional
- Acts & sections cited
- Constitution Article 14, 19, 19(1)(g); Income Tax Act Section 32(1)(ii)
Headnote
Income Tax Act, 1922/Income Tax Act, 1961 : A B Sections JO (2) (vi) and (xiv) /32 (1) (ii), 35 (1) (iv), 35 (2) (iv), 43 · C (1).. Explanation-Depreciation-Scientific Research-Deductions in comput- ing business income-Depreciation allowance in re~pect of the asset as also allowance in Whether pennissible- Retrospective amendment of Section 35(2 )-Whether violative of Articles 14,19 (/) (g) and 300-A of the Constitution-Whether D impo_sed unreasonable and oppressive burden on the assessee-Nature and effect of amendment-Position before and after the amendment-Explained.
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