TMI Blog2016 (9) TMI 337X X X X Extracts X X X X X X X X Extracts X X X X ..... ting the assessing Officer to consider that in the case of financial lease only the interest income accrued to assessee should be taxed and not the entire lease rental as assessed by him and consequentially withdraw the claim of depreciation on leased assets? - Held that:- Tthe substantial questions of law above have been answered against the assessee and the issues are now pending before the Supr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ealing with according of leases issued by the Institute of Chartered Accountants of India? 2. Whether on the facts and circumstances of the case, the Tribunal was justified in not directing the assessing Officer to consider that in the case of financial lease only the interest income accrued to assessee should be taxed and not the entire lease rental as assessed by him and consequentially wit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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