2016 (9) TMI 1474 - SCH - Income Tax

Whether the Income Tax Appellate Tribunal has correctly appreciated the facts on record so as to hold that an amount represented goodwill and thereby allowing depreciation thereon? Held that - Delay condoned. Issue notice.

Summary

The Supreme Court of India in 2016 (9) TMI 1474 - SC Order, with MR. JUSTICE KURIAN JOSEPH AND MR. JUSTICE ROHINTON FALI NARIMAN presiding, condoned delay, issued notice, and tagged the case with C.A. Nos. 104-109/2015. The Respondent did not appear. Petitioner represented by Mr. P.S. Narasimha, ASG, Mr K. Parameshwar, Adv., Mr. Ajay Sharma, Adv., Mr. H.R. Rao, Adv., Mr