Northern Coalfields Ltd. v. ACIT, Circle 2(1), Jabalpur

59 Taxmann.com 394Income Tax Appellate Tribunal#5544 most cited

What is Northern Coalfields Ltd. v. ACIT, Circle 2(1), Jabalpur authority for?

Section 35E allows deduction for capital expenditure that is otherwise not deductible. However, if expenditure is admissible under Section 37(1), Section 35E should not be invoked to force amortization over 10 years instead of allowing it in the year of incurrence.

21

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2019 to 2024.

Also referred to as

Northern Coalfields Ltd. v. ACIT · Section 35E · Section 37(1) · capital expenditure · admissible deduction · amortization

Sections most often in play

Section 35ESection 37(1)

Issues it is cited on

recognised provident fundsection 50bsection 43b(f)approved gratuity fundsection 40a(9)section 211wholly and exclusively for businesssection 35dslump salesection 32(1)(ii)domestic companyfull value of consideration

Judgments citing Northern Coalfields Ltd. v. ACIT, Circle 2(1), Jabalpur

Joint.Commissioner of Income Tax Range -I, Bilaspur(Cg) vs. South Eastern Coalfields Ltd, Bilaspur(Cg)

The appeals of the assessee are partly allowed for statistical purposes and the appeal of the Revenue in ITA

ITA 21/BIL/2012[2006-07]Status: DisposedITAT Raipur06 Nov 2019AY 2006-07

Bench: Shri Anil Chaturvedi, Am & Shri Partha Sarathi Chaudhury,Jm Sl.

For Appellant: S/ShriAjitKorde, S.R. RaoFor Respondent: ShriR.K. Singh
Section 143(3)Section 147Section 148Section 220(2)

…आयकरअपीऱीयअधिकरणन्यायपीठरायपुरमें। IN THE INCOME TAX APPELLATE TRIBUNAL, RAIPUR BENCH, RAIPUR BEFORE SHRI ANIL CHATURVEDI, AM AND SHRI PARTHA SARATHI CHAUDHURY,JM Sl. ITA No. Name of Appellant Name of Asst. Year No. Respondent 1-5 187/JAB/2008 South Eastern ACIT, Circle 1(1), 1998-99 188/JAB/2008 Coalfields Ltd., Bilaspur 1999-2000 189/JAB/2008 Seepat Road, 2000-01 190/JAB/2008 Bilaspur – 495006 2001-02 191/JAB/2008 2002-03 PAN: AADCS2066E 6 173/JAB/2008 South Eastern DCIT, Circle 1(1), 2004-05 Coalfields Ltd., Bilaspur Seepat Road, Bilaspur – 495006 PAN: AADCS2066E 7-8 174/JAB/2008 South Eastern Addl.CIT, Range…