TMI Blog2010 (12) TMI 1300X X X X Extracts X X X X X X X X Extracts X X X X ..... sessment year 1998-1999;- i) Whether the Tribunal erred in declining to allow the depreciation in the sum of ₹ 32,64,692/- in entirety in respect of the long-term leasehold properties including the one for perpetuity and restricting the depreciation only with regard to capital expenditure for any structure by way of addition and/or alteration? ii) Whether on the facts and in the circum ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng exempt dividend income and further that the Proviso to that section precludes such disallowance of expenditure ? iv) Whether the Tribunal should have held that the assessee s plea for a direction for alternative relief to the extent of the deferred liability for excess collection of processing charges in the sum of ₹ 325,15,18,102/- debited in the yearly account of instant year is legi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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