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2 results for “depreciation”+ Short Term Capital Gainsclear

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Key Topics

Section 234C7Section 143(1)4Section 115J2Section 234B2Section 2072

AARA AGRO PVT. LTD.,AGRA vs. DY.CIT., CIRCLE-2(1)(1), AGRA

The appeal is allowed for statistical purposes

ITA 54/AGR/2021[2018-19]Status: DisposedITAT Agra23 Nov 2021AY 2018-19

Bench: Shri Laliet Kumar & Dr. Mitha Lal Meenalt.A No. 54/Agr/2021 (Assessment Year: 2018-19) Vs. Cit Circle-2 (1)(1) Agra Agro Private Limited Agra U.P. Anjana Cinema, 3/2 D.M.G. Road Agra U.P. 282007 Pan: Aagca8595F (Revenue) (Assessee)

Section 115JSection 143(1)Section 207Section 234BSection 234C

short term capital gains worked out on sale of depreciable assets. As the book profit was more than normal income

AGRA DEVELOPMENT AUTHORITY,AGRA vs. DCIT., CIRCLE-1, AGRA

The appeals of the assessee are allowed and the appeal of the revenue is dismissed

ITA 216/AGR/2016[2011-12]Status: DisposedITAT Agra17 May 2021AY 2011-12
Section 124Section 142Section 153

depreciation of property; (g) contribution to the fund created for writing off unadjusted bad debts and losses: ---------------------------------------------------------------------------------- (2) Subject to such conditions as may be prescribed, the balance of the net profits may be utilised for all or any of the following purposes namely - (a) payment of dividend to members on their paid-up share capital at a rate