Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2018 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (7) TMI 2088 - HC - Income TaxDisallowance of depreciation on Goodwill - ITAT allowed the claim - HELD THAT:- Revenue, has fairly stated that so far as the appeal against the decision of the learned Tribunal for the Assessment Year 2011-12, the said appeal has been dismissed by the Division Bench of this Court [2017 (10) TMI 373 - GUJARAT HIGH COURT] . It is reported that against the decision for earlier assessment years, viz. A.Y. 2009-10 and 2010-11, the Revenue is before the Hon'ble Supreme Court. Nothing is on record whether against the decision of the Division Bench of this Court in for A.Y. 2011-12, any appeal is preferred before the Hon'ble Supreme Court or not. Be that as it may, so far as this Court is concerned, the issue is concluded against the Revenue in view of the decision of the Division Bench of this Court in. Under the circumstances, no substantial question of law arises in the present appeal as the question raised is squarely covered against the Revenue in view of the decision of the Division Bench of this Court [2017 (10) TMI 373 - GUJARAT HIGH COURT]
|