2019 (6) TMI 1167

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..... ellant. Mr. Suresh Kumar for Respondent No.1.   P.C.:- 1. Appeal is admitted for consideration of following substantial questions of law:- "i. Whether the Tribunal erred in holding that the Appellant is not entitled to depreciation of Rs. 93,75,63,113/- on leased assets? ii. Whether the Tribunal ought to have allowed the Appellant's claim for deduction of Rs. 27,52,444/- as payment tow .....

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..... amount of Rs. 1302,24,75,974/- as write off of bad debts under section 36(1)(vii) of the Act in view of the decision of the Hon'ble Supreme Court in the case of Vijaya Bank v. CIT 323 ITR 166? c. Whether the Tribunal ought to have held that the recovery of bad debts earlier written off could not be assessed to tax by invoking the provisions of section 41(4) of the Act as in the earlier years de .....

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..... reasons are therefore not recorded in this order. 3. To be heard with Income Tax Appeal No.351 of 2017. 4. Learned counsel Shri Suresh Kumar waived notice of admission. 5. Registry is directed to communicate a copy of this order to the Tribunal. This would enable the Tribunal to keep the papers and proceedings relating to the present appeal available, to be produced when sought for by the Court .....

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