COMMISSIONER OF INCOME TAX Vs. GUPTA GLOBL EXIM

JUDGEMENT

(1.) LEAVE granted.

(2.) THIS Civil Appeal is filed by the Department against the judgment of the Gujarat high Court in Tax Appeal No. 203 of 2006.

(3.) GENERALLY, this Court does not interfere with the concurrent finding of facts recorded by the authorities below. However, we are of the view that in this case, a neat substantial question of law arose for determination which needed interpretation of the Depreciation Table given in Appendix-I to the Income-tax Rules, 1962. The said Table gives rates at which depreciation was admissible.