Supreme Court · 1964 INSC 202 · Decided 29 September 1964
Pandhyan Insurance CO. LTD. v. Commissioner of Income-Tax, Madras
- Court
- Supreme Court of India
- Citation
- 1964 INSC 202 · [1965] 1 S.C.R. 367
- Case number
- CIVIL APPEAL No. 816/1963
- Decided
- 29 September 1964
- Bench
- K. SUBBA RAO, J.C. SHAH, S.M. SIKRI (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 4(3)(xii), 10
Headnote
F G H 367 PANDHY AN INSURANCE CO. LTD. v. COMMISSIONER OF INCOME-TAX, MADRAS September 29, 1964 (K. SUBBA RAO, J. C. SHAH ANDS. M. SIKRI JJ.) lnco111e Tax Act (I I of 1922) Schedule, rr. 3(b) and 6-Scopc oj l"he appellant ( assessee) was a company carrying on the business of general ing ~he depreciation with respect to various items. The Income-tax Officer disallowed 4/ 5 of the depreciation on the ~i:ound that only a fifth part of the building was utilised for the purpose of the appellant's busi­ ness and the remaining 4/ 5 part was let out. and that the rent
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)