2018 (8) TMI 582 - 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 Petition is dismissed. Pending applications, if any, stand disposed of.

Summary

The Supreme Court of India dismissed the Special Leave Petition. Delay was condoned, and pending applications were disposed of. (2018 (8) TMI 582 - SC)