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3 results for “depreciation”+ Section 263clear

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Key Topics

Section 2634Depreciation3Section 1442Revision u/s 2632

SHRI HARENDRA NATH GUPTA,FIROZABAD vs. P CIT CIRCLE-2, AGRA

In the result, the appeal of the assessee stands allowed

ITA 148/AGR/2017[2012-13]Status: DisposedITAT Agra25 Jul 2023AY 2012-13

Bench: Shri Shamim Yahya & Shri Yogesh Kumar Us[Assessment Year: 2012-13]

Section 263

263 of the Act dated 16.01.2015 and pertains to Assessment Year 2012-13. 2. In this case, the ld. CIT observed that the assessment order passed by the AO is erroneous and prejudicial to the interest of Revenue for the following reasons:- “(i) A loan of Rs. 80,00,000/- is shown to be obtained from M/s Sanwaria Trade Link

M/S RAJEEV KUMAR CONTRACTOR PVT.LTD.,FIROZABAD vs. ACIT., CIRCLE-2(2)(1), FIROZABAD

Appeal is allowed in above terms

ITA 744/AGR/2018[2015-16]Status: DisposedITAT Agra03 Feb 2025AY 2015-16

Bench: Sh. Satbeer Singh Godara & Sh. M. Balaganesh

For Appellant: Sh. Rajendra Sharma, Adv
For Respondent: Sh. Sukesh Kumar Jain, CIT-DR
Section 263Section 57Section 57(3)

section 263 show-cause notice dated 04.05.2018 inter alia alleging that not only the above statutory deductions of depreciation, directors

MARSHAL SECURITY SERVICES,AGRA vs. ASSISTANT COMMISSIONER OF INCOME TAX, AGRA

In the result, the appeal is allowed

ITA 131/AGR/2025[2016-17]Status: DisposedITAT Agra28 Oct 2025AY 2016-17
Section 143(1)Section 143(2)Section 144Section 250

Depreciation Expenses, Dress Expenses, Employee\nProvident Fund, Employee State insurance, Rebate & Discount, Rent\nExpenses, Staff Salaries Expenses.\n7. BECAUSE, the Ld. \"CIT(A)' before dismissing the appeal on the\nground that appellant failed to furnish any documentary evidence with\nregard to the expenses claimed by him, ought to have provided\nopportunity of hearing to the appellant to put forth