Is ''heart'' an asset ??? read this case law !

Thanks Sir,

it is the very interesting case law which i saw first time in my life and just imaging balance shows brain and heart etc. 

Originally posted by : !..SaNKeT..!
	Very Interesting One.....thank you for Sharing... If you have any material Regarding that case...plz let me know.... I m also Interesting in this case... Have a Good day...

nice sharing sunny..

Well Lawyers think they can mis guide court everytime. Its nothing then oversmartness. Thanks for sharing.

interesting !!!

https://www.indiankanoon.org/doc/85189/

judgement is rite...

but i must appreciate the view of that lawyer....n he has taken this upto high court..great....event though unsucessful but grt attempt....

HEY FIRST TELL ME THE VALUE OF HEART THEN THAT PERSON WILL GET THE FOLLOWING ALSO.

1.Depreciation .

2. Revenue expenxe in under HERAT a/c

3.Capital expense ....in Balance sheet Asset side (u\HEART)

4. gain or lose i sale of heart.

5.we can carryy forward settoff current year Heart loss with next..

how silly these questions .......na

that much silly is that case.

Originally posted by : Aakanksha
	Just imagine balance sheet having brain heart lungs hands and legs etc as fixed (or current) assets Ya wondering what were the arguments... jokes apart very unique judgement by HC.... Has Mr.Bhushan not appealed further in SC?

I guess no! Assessee's counsel/representative would not have any argument against this judgement!!! 

Very unique n interesting case.. Thnx for sharing

vry  intrstng......dnx 4 sharing........................

he consider his heart as an asset................thn wat s his liablty?

Really funny and interesting....

I aggree with Mr Bushan, say he did not went for  surgery, result -  died, then no income in future, so dept will loose future revenue, so it is bater to allow the expenses considering Human Resource Accounting principle ..... 

interesting case law..........