Supreme Court · 1989 INSC 177 · Decided 3 May 1989
Maharana Mills PVT. LTD. v. Income Tax Tribunal, Ahmedabad & ORS.
- Court
- Supreme Court of India
- Citation
- 1989 INSC 177 · [1989] 3 S.C.R. 1
- Case number
- CIVIL APPEAL No. 612/1975
- Decided
- 3 May 1989
- Bench
- R.S. PATHAK, M.H. KANIA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 60A, 10(2)(vi)
Headnote
Income Tax Act 1922-Sections. I0(2)(vi) and 60A-Depreciation allowance and written ·down value-Computation of-Saurashtra Income Tax Ordinance 1949-Effect of. A B The appellant-assessee is a company carrying on the business of manufacturing and selling Textile at Porbunder (formely a former Porbunder State prior to 1948. In 1949 the princely State C of Porbunder integrated into newly formed Saurashtra State. In 1949 the State of Saurashtra promulgated the Saurashtra Income Tax Ordinance wherein provision for grant of depreciation based on written down value was made. On
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)