ASCENT FINECHEM PVT. LTD.,,AHMEDABAD vs. THE ACIT., CIRCLE-1(1)(2),, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Waseem Ahmed & Ms. Madhumita Roysl. Ita No(S) Asset. Appeal(S) By No Year(S) Appellant Vs. Respondent (S) Appellant Respondent 1-2 438-439/Ahd/2018 2008-09 Ascent Finechem Pvt. A.C.I.T, Circle- & Ltd., 1(1)(2), 2009-10 11, Ground Floor, Ahmedabad. Suryarath, B/H. Whilte House, Panchawati, Ahmedabad-380015. Pan No.Aabca6349Q

disallowance of Depreciation and additional Depreciation of Rs.1,74,325/- on storage tank without properly appreciating and considering the facts

SHREE RAMA MULTI-TECH LTD.,,AHMEDABAD vs. THE ACIT(OSD) CIRCLE-8, AHMEDABAD

In the result, appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

disallowance of depreciation of Rs. 2,51,50,281/- out of depreciation disallowed by AO of Rs. 2,74,83,963/-. Appellant

SHREE RAMA MULTI-TECH LTD.,,AHMEDABAD vs. THE DY.CIT.,CRCLE-8,, AHMEDABAD

In the result, appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

disallowance of depreciation of Rs. 2,51,50,281/- out of depreciation disallowed by AO of Rs. 2,74,83,963/-. Appellant

BRIGHT AUTOPLAST LTD.,,AHMEDABAD vs. ASSTT. CIT,CIRCLE-1(1)(1),, AHMEDABAD

In the result, the appeal of the Revenue is partly allowed for statistical purposes

Bench: Shri Mahavir Prasad & Shri Waseem Ahmedsl.

depreciation on Goodwill. Other Additions: 5. The learned CIT(A) erred in fact and in law in confirming the action of the AO in disallowing

THE DY.COMMISSIONER OF INCOME TAX CIRCLE-1(1)(1),, AHMEDABAD vs. M/S. ANANYA FINANCE FOR INCLUSIVE GROWTH PVT. LTD.,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

Depreciation on Intangible Assets Decision of Confirmed Confirmed Confirmed Confirmed CIT(A) the the the the disallowance disallowance disallowance disallowance

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT. LTD.,,AHMEDABAD vs. THE ASST.COMMISSIONER OF INCOME TAX CIRCLE-1(1)(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

Depreciation on Intangible Assets Decision of Confirmed Confirmed Confirmed Confirmed CIT(A) the the the the disallowance disallowance disallowance disallowance

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT.LTD.,,AHMEDABAD vs. DY.COMMISSIONER OF INCOME TAX,CIRCLE-1(1)(2),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

Depreciation on Intangible Assets Decision of Confirmed Confirmed Confirmed Confirmed CIT(A) the the the the disallowance disallowance disallowance disallowance

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT.LTD.,,AHMEDABAD vs. DY.COMMISSIONER OF INCOME TAX,CIRCLE-1(1)(2),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

Depreciation on Intangible Assets Decision of Confirmed Confirmed Confirmed Confirmed CIT(A) the the the the disallowance disallowance disallowance disallowance

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT.LTD.,,AHMEDABAD vs. DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

Depreciation on Intangible Assets Decision of Confirmed Confirmed Confirmed Confirmed CIT(A) the the the the disallowance disallowance disallowance disallowance

THE JOINT COMMISSIONER OF INCOME TAX(OSD),, GANDHINAGAR vs. SABARMATI GAS LIMITED,, GANDHINAGAR

Appeal of the Revenue is partly allowed for statistical purposes

disallowance of depreciation and reads as under: ITEM NO. I : DISALLOWANCE ON ACCOUNT OF CLAIM OF DEPRECIATION FOR RS. 2.13,31,985/- 1.1 The learned

SABARMATI GAS LIMITED,,AHMEDABAD vs. THE ASSTT. COMMISSIONER OF INCOME TAX, GANDHINAGAR CIRCLE,, GANDHINAGAR

Appeal of the Revenue is partly allowed for statistical purposes

disallowance of depreciation and reads as under: ITEM NO. I : DISALLOWANCE ON ACCOUNT OF CLAIM OF DEPRECIATION FOR RS. 2.13,31,985/- 1.1 The learned

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1),, AHMEDABAD vs. APPLITECH SOLUTION LTD.,, AHMEDABAD

Bench: Shri P.M. Jagtap, Vice- & Shri Siddhartha Nautiyal

disallowance of depreciation on computers and disallowance of interest amounting to Rs.9,79,12,936/- and Rs.1,96,52,980/- respectively

M/S. BODAL CHEMICALS LTD.,AHMEDABAD vs. THE DY.CIT, CIRCLE-1, AHMEDABAD

In the result, the appeals being IT(SS)A No

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

Disallowance under Normal Provisions: - Depreciation on Goodwill : Rs.1,90,09,241/- - Addition u/s 145A : Rs. 86,41,737/- - Unabsorbed Depreciation

THE DCIT, CIRCLE-1(1)(1), AHMEDABAD vs. M/S. ADANI ENTERPRISE LTD, AHMEDABAD

In the result appeal of the Revenue is hereby partly allowed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed

disallowance of depreciation of Rs.4,77,009/- claimed on shares despite the fact that shares are not depreciable assets. (5) The CIT(A) has erred

DCIT, CIRCLE-1(1)(1),, AHMEDABAD vs. ADANI ENTERPRISES LTD., AHMEDABAD

In the result appeal of the Revenue is hereby partly allowed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed

disallowance of depreciation of Rs.4,77,009/- claimed on shares despite the fact that shares are not depreciable assets. (5) The CIT(A) has erred

DCIT, CIRCLE-1(1)(1),, AHMEDABAD vs. ADANI ENTERPRISES LTD., AHMEDABAD

In the result appeal of the Revenue is hereby partly allowed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed

disallowance of depreciation of Rs.4,77,009/- claimed on shares despite the fact that shares are not depreciable assets. (5) The CIT(A) has erred

THE DCIT CIRCLE-1(1)(1), AHMEDABAD vs. M/S. ADANI ENTERPRISE LTD, AHMEDABAD

In the result appeal of the Revenue is hereby partly allowed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed

disallowance of depreciation of Rs.4,77,009/- claimed on shares despite the fact that shares are not depreciable assets. (5) The CIT(A) has erred

SHREEJI ASSOCIATES,VADODARA vs. THE PR. CIT-1, VADODARA

In the result, Ground No. 2 of the assessee’s appeal is dismissed

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

disallowing depreciation. The claim of depreciation has been disallowed on the basis that only the ground floor premises had been