2007 (6) TMI 542

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..... Parchure, learned counsel for respondent. Admit on the following questions of law :- I) Whether the Tribunal is right in law in confirming the addition of amount of Royalty and interest received from Malaysian party as a result of exchange fluctuation ? II) Whether the Tribunal is right in law in confirming the difference in exchange rate amounting to ₹ 32,56,442/- does not partake .....

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..... tax Appellate Tribunal erred in confirming the disallowance of depreciation on the value of assets of the amalgamating company not actually allowed under Section read with Section 43 (6) and Section 72A of the Income-tax Act, 1961? VI) Without prejudice to ground no. (iv) and (v) above whether the Tribunal erred in not allowing the benefit of unabsorbed depreciation despite the fact that provis .....

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