CIT LTU v. Canara Bank (2022) 285 Taxman 420 (Karn.)(HC).Editorial : Notice issued in SLP filed by Revenue , CIT v. Canara Bank (2022) 287 Taxman 462/ 114 CCH 321 (SC)

S. 32 : Depreciation-Leased assets-Entitled depreciation.

Held that the assessee is  entitled to claim depreciation on assets leased to others. (AY. 2012-13)