TAMILNADU CIVIL SUPPLIES CORPN. LTD. vs COMMNR. OF INCOME-TAX, TAMILNADU — C.A. No. 1288/1998

Summary: The Supreme Court dismissed Tamil Nadu Civil Supplies Corporation's appeal against the Income Tax Commissioner's order dated December 5, 2000. The appellant sought depreciation and development rebate for assessment years 1973-74 and 1974-75 under Section 32 of the Income Tax Act, 1961, but the High Court and Tribunal had both rejected the claim. The Court found no evidence that the appellant had acquired dominion over the mills in question and upheld the dismissal with costs. This case analysis is maintained by casestatus.in based on publicly available court records.