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AVASARALA TECHNOLOGIES LTD. Versus JOINT COMMISSIONER OF INCOME-TAX

Depreciation on machinery purchased from Andhra Pradesh State Electricity Board - Held that:- All the authorities below have found, as a fact, that there was no such purchase of machinery and the transaction in question is sham. On that basis, it was .....

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on of law arises. HC judgment upheld [2003 (9) TMI 36 - KARNATAKA High Court ] - Decided against assessee. - Civil Appeal No. 2996 of 2004. - Dated:- 30-3-2015 - A. K. SIKRI AND ROHINTON FALI NARIMAN, JJ. Sanjay Kunur and R. N. Keshwani, Advocates, f .....

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