2018 (7) TMI 1701 - SCH - Income Tax

Deductible / Exempted income u/s 10(29) - depreciation to be excluded from the income or not - CIT(A) allowed the computation after excluding depreciation as part of the expenditure and taking gross receipts from warehousing and Inland Container Depot/ Container Freight Station ( ICD/CFS ) - Held that - Special Leave Petitions are dismissed both on the ground of delay and merits. Pending applications, if any, stand disposed of.

Summary

The Supreme Court of India in 2018 (7) TMI 1701 - SC Order, dismissed the Special Leave Petitions on the grounds of delay and merits. Pending applications were disposed of.