2010 (12) TMI 1300

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.... substantial questions of law in relation to the assessment year 1998-1999;- i) Whether the Tribunal erred in declining to allow the depreciation in the sum of ₹ 32,64,692/- in entirety in respect of the long-term leasehold properties including the one for perpetuity and restricting the depreciation only with regard to capital expenditure for any structure by way of addition and/or alterati....

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....t deeming it as incurred in relation to earning exempt dividend income and further that the Proviso to that section precludes such disallowance of expenditure ? iv) Whether the Tribunal should have held that the assessee's plea for a direction for alternative relief to the extent of the deferred liability for excess collection of processing charges in the sum of ₹ 325,15,18,102/- debited in....