(A.K. Sikri, Ashok Bhushan and S. Abdul Nazeer, JJ.)
M/s. Honda Siel Cars India Ltd. __________ Applicant(s)/Appellant(s)
v.
Commissioner of Income Tax ______________________ Respondent
M.A. No. 986 of 2017 in Civil Appeal No. 4918 of 2017, decided on November 14, 2018
The Order of the court was delivered by
Order
1. It appears that by our Judgment dated 09.06.2017 lump sum payment as well as continuing royalty both are treated as capital expenditure for the assessment years in question. Since these are capital expenditure, needless to mention that the applicant/appellant shall be entitled to depreciation thereon.
2. Miscellaneous Application as well as the I.A. for directions are, accordingly, disposed of.
M.A. No. 986/2017 in C.A. No(s). 4918/2017
M/s. Honda Siel Cars India Ltd ____________ Applicant(s)/Appellant(s)
v.
Commissioner of Income Tax _______________________ Respondent
(IA No. 93353/2017-APPROPRIATE ORDERS/DIRECTIONS)
Date : 14-11-2018 This application was called on for hearing today.
(Before A.K. Sikri, Ashok Bhushan and S. Abdul Nazeer, JJ.)
For Petitioner(s) Mr. Parag P. Tripathi, Sr. Adv.
Mr. Deepak Chopra, Adv.
Mr. Amit Shrivastava, Adv.
Mr. Ankul Goyal, Adv.
Mr. Kunal Bahri, Adv.
Mr. R. Chandrachud, AOR
For Respondent(s) Ms. Nisha Bagchi, Adv.
Ms. Gargi Khanna, Adv.
Mrs. Anil Katiyar, AOR
UPON hearing the counsel the Court made the following
ORDER
3. Miscellaneous Application as well as the I.A. for directions are disposed of in terms of the signed order.
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