2016 (7) TMI 1388

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.... ACCOUNTANT MEMBER Petitioner by : Shri G.Sarangan, Senior Advocate and Shri S.Ananthan, CA. Respondent by : Shri Sundar Rajan O R D E R Per INTURI RAMA RAO, AM : These miscellaneous applications have been filed by the assessee-bank seeking modification of the directions of the Hon'ble Tribunal in paras.34 to 37 of the order as under:  "However, in the appeal ITA No.81....

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....s Tribunal had directed the AO to allow depreciation in respect of assets leased to M/s.Rajendra Steels and M/s.Kedia Group of Companies. In light of this order of the Tribunal depreciation came to be allowed in the past and the same should be allowed to be continued. 3. We heard rival submissions and perused material on record. There is no dispute about the submissions made by the assessee-ban....