Appearance vs M. Sahai

(Per : HONOURABLE MR.JUSTICE V. M. SAHAI) 1.0 We have heard Mr. M. R. Bhatt learned senior counsel for Mrs. Mauna Bhatt for the Revenue and Mr. S. N. Soparkar learned senior counsel for Mrs. Swati Soparkar, learned counsel for the assessee.

2.0 Admit.

3.0 We formulate the following substantial question of law.

"Whether the Appellate Tribunal is right in law and on facts in directing to allow depreciation on the basis of revised WDV of the fixed assets?"

4.0 Paper-book be ready within three months.

[V.

M. SAHAI, J.] [N.

V. ANJARIA, J.] Amit Top