[aaykarbhavan] SC : Dismisses Revenue’s SLP; New unit independent of existing unit for 80IB purpose, held HC

 Finolex Cable Ltd.

May 02 2014

SC, three judge bench, dismisses Revenue's SLP against Bombay HC judgement in Finolex Cable Ltd.'s case; HC had upheld ITAT's order holding that depreciation of new Unit II

Courtesy: taxsutra

Regards

Prarthana Jalan

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