PLASTIBLENDS INDIA LIMITED THROUGH ITS CHAIRMAN AND MANAGING DIRECTOR vs ADDL.COMMISSIONER OF INCOME TAX RANGE 8(2) MUMBAI — C.A. No. 238/2012
Case under Section III. Status: DISPOSED.
CNR: SCIN010056012010
Filing Date
18-Feb-2010
Registration No
C.A. No. 238/2012
Diary Number
5601/2010
Order Date
09-Oct-2017
Document Type
ROP - of Main Case
Neutral Citation
2017 INSC 1016
Disposal Type
Dismissed
Data as of 02-Jul-2026
Acts & Sections
Petitioner(s)
PLASTIBLENDS INDIA LIMITED THROUGH ITS CHAIRMAN AND MANAGING DIRECTOR
Adv. RUSTOM B. HATHIKHANAWALA
Respondent(s)
ADDL.COMMISSIONER OF INCOME TAX RANGE 8(2) MUMBAI
Adv. ANIL KATIYAR B. V. BALARAM DAS (Dead / Retired / Elevated)
Hearing History
Judge: HON'BLE MR. JUSTICE A.K. SIKRI and HON'BLE MR. JUSTICE ASHOK BHUSHAN
Fixed Date by Court
Fixed Date by Court
Fixed Date by Court
Fixed Date by Court
| Date | Purpose |
|---|---|
| 09-Oct-2017 | Fixed Date by Court |
| 12-Sep-2017 | Fixed Date by Court |
| 12-Sep-2017 | Fixed Date by Court |
| 07-Sep-2017 | Fixed Date by Court |
Orders
Summary: Plastiblends India Limited v. Addl. Commissioner of Income Tax (C.A. No. 238/2012) The Supreme Court dismissed all appeals, holding that depreciation under Section 32 of the Income Tax Act must be deducted when computing profits eligible for deduction under Section 80-IA, regardless of whether the assessee claims it. The Court ruled that Section 80-IA is a self-contained code for profit-linked incentives, distinguishing it from Section 32 which applies to investment-linked deductions under Chapter IV. This case analysis is maintained by casestatus.in based on publicly available court records.
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