THE DCIT, CIRCLE-1(1)(1),, VADODARA vs. M/S. CAMPHOR & ALLIED PRODUCTS LTD.,, VADODARA

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 598/Ahd/2017 िनधा"रण वष"/Asstt. Year: 2013-2014 D.C.I.T., M/S Camphor & Allied Products Ltd., Circle-1(1)(1), Vs. Plot No.3, Vadodara. Gidc Industrial Estate, Nandesari, Vadodara-391340. Pan: Aaacc9211E

depreciation to 25%. 2. On the facts and in the circumstances of the case and in law, the Ld. C!T(A) erred in [aw and on fact in deleting the capitalization of preliminary expenses written off u/s 35D of the Act, without appreciating the fact that the preoperative expenses can be amortized only after the asset is capitalized

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

depreciation on office equipment directed to be deleted. 64.7 In view of the above discussion and respectfully following the order this tribunal in own case of assessee the ground of appeal raised by the Revenue is hereby dismissed. 38.1 In view of the above finding in the own case of the assessee for A.Y. 2011- 12 we do not find

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

depreciation on office equipment directed to be deleted. 64.7 In view of the above discussion and respectfully following the order this tribunal in own case of assessee the ground of appeal raised by the Revenue is hereby dismissed. 38.1 In view of the above finding in the own case of the assessee for A.Y. 2011- 12 we do not find

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

depreciation on office equipment directed to be deleted. 64.7 In view of the above discussion and respectfully following the order this tribunal in own case of assessee the ground of appeal raised by the Revenue is hereby dismissed. 38.1 In view of the above finding in the own case of the assessee for A.Y. 2011- 12 we do not find

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

depreciation on office equipment directed to be deleted. 64.7 In view of the above discussion and respectfully following the order this tribunal in own case of assessee the ground of appeal raised by the Revenue is hereby dismissed. 38.1 In view of the above finding in the own case of the assessee for A.Y. 2011- 12 we do not find

KHURANA ENGINEERING LTD.,,AHMEDABAD vs. THE ACIT.(OSD),CIRCLE-1,, AHMEDABAD

Bench: Shri Ramit Kochar & Ms. Madhumita Roya.Y. 2007-08

depreciation in respect of such machinery or plant has been allowed or is allowable under the provisions of this Act in computing the total income of any person for any period prior to the date of the installation of machinery or plant by the assessee. Explanation 2.—Where in the case of an 46[undertaking], any machinery or plant

THE ACIT.(OSD), CIRCLE-1,, AHMEDABAD vs. KHURANA ENGINEERING LTD.,, AHMEDABAD

Bench: Shri Ramit Kochar & Ms. Madhumita Roya.Y. 2007-08

depreciation in respect of such machinery or plant has been allowed or is allowable under the provisions of this Act in computing the total income of any person for any period prior to the date of the installation of machinery or plant by the assessee. Explanation 2.—Where in the case of an 46[undertaking], any machinery or plant

THE ACIT.(OSD), CIRCLE-1,, AHMEDABAD vs. KHURANA ENGINEERING LTD.,, AHMEDABAD

Bench: Shri Ramit Kochar & Ms. Madhumita Roya.Y. 2007-08

depreciation in respect of such machinery or plant has been allowed or is allowable under the provisions of this Act in computing the total income of any person for any period prior to the date of the installation of machinery or plant by the assessee. Explanation 2.—Where in the case of an 46[undertaking], any machinery or plant

AIA ENGINEERING LTD.,,AHMEDABAD vs. THE DY.CIT.,CIRCLE-1,, AHMEDABAD

In the result, ITA Appeals 1766/Ahd/12, 2342/Ahd/15, 2343/Ahd/2015,

Section 92(1) provides that, "(a)ny income arising from an international transaction shall be computed having regard to the arm's length price". In order to attract the arm's length price adjustment, therefore, a transaction has to be an 'international transaction' first. The expression 'international transaction' is a defined expression. Section 92 B defines the expression 'international transaction

THE DCIT, CIRCLE-1,, AHMEDABAD vs. AIA ENGINEERING LTD.,, AHMEDABAD

In the result, ITA Appeals 1766/Ahd/12, 2342/Ahd/15, 2343/Ahd/2015,

Section 92(1) provides that, "(a)ny income arising from an international transaction shall be computed having regard to the arm's length price". In order to attract the arm's length price adjustment, therefore, a transaction has to be an 'international transaction' first. The expression 'international transaction' is a defined expression. Section 92 B defines the expression 'international transaction

GUJARAT GAS LIMITED,AHMEDABAD vs. THE PR. CIT-3, AHMEDABAD

In the result, we are of the considered view that Ld

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

depreciation under Section 32(1)(iia) of the Act, thereby making the assessment order erroneous and prejudicial to the interest of the Revenue. 11. In the result, Ground (II) of the assessee’s appeal is allowed. Ground No. (III) non-granting of deduction under Section 35DD of the Act of Rs. 5 crores. 12. Regarding the non-grant of deduction

SHREE RAMA MULTI-TECH LTD.,,AHMEDABAD vs. THE INCOME TAX OFFICER,WARD-8(4),, AHMEDABAD

In the result the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

35D of the Act. Accordingly, the AO disallowed the proportionate expenses of ₹9,94,421/- being 1/5th of Rs. 49,72,106/- which was claimed in the relevant year i.e. AY 2000-01 and added to the total income of the assessee. 6. The AO for the under consideration following the order for the assessment year 2000-01 has also

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

In the result the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

35D of the Act. Accordingly, the AO disallowed the proportionate expenses of ₹9,94,421/- being 1/5th of Rs. 49,72,106/- which was claimed in the relevant year i.e. AY 2000-01 and added to the total income of the assessee. 6. The AO for the under consideration following the order for the assessment year 2000-01 has also

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

In the result the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

35D of the Act. Accordingly, the AO disallowed the proportionate expenses of ₹9,94,421/- being 1/5th of Rs. 49,72,106/- which was claimed in the relevant year i.e. AY 2000-01 and added to the total income of the assessee. 6. The AO for the under consideration following the order for the assessment year 2000-01 has also

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

In the result the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

35D of the Act. Accordingly, the AO disallowed the proportionate expenses of ₹9,94,421/- being 1/5th of Rs. 49,72,106/- which was claimed in the relevant year i.e. AY 2000-01 and added to the total income of the assessee. 6. The AO for the under consideration following the order for the assessment year 2000-01 has also

DCIT, CIRCLE-1(1)(1), AHMEDABAD vs. ADANI PETRONET (DAHEJ) PORT PVT. LTD, AHMEDABAD

In the result, the appeal of the Revenue for AY 2014-15 and CO of the assessee for AY 2013-14 are treated as partly allowed

Bench: Shri P.M. Jagtap, Vice- & Shri Siddhartha Nautiyalassessment Year : 2012-13 Adani Petronet (Dahej) Port The Dy. Commissioner Of Pvt. Ltd., Vs Income-Tax, 9Th Floor, Shikhar Building, Circle 1(1)(1), Nr. Mithakali Circle, Ahmedabad Navrangpura, Ahmedabad-380009 Pan: Aaeca 5046 R Assessment Year : 2012-13 The Dy. Commissioner Of Adani Petronet (Dahej) Port Income-Tax, Vs Pvt. Ltd., Circle 1(1)(1), Ahmedabad-380009 Ahmedabad Pan: Aaeca 5046 R

Section 35D of the Act and confirmed by the learned CIT(A) is concerned, the learned Counsel for the assessee has not pressed the same at the time of hearing. Accordingly, Ground No.2 of the CO is dismissed as not pressed. 22. As regards the issue raised by the assessee in Ground No.3 of its Cross Objection

THE DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), AHMEDABAD vs. ADANI PETRONET( DAHEJ) PORT PVT. LTD.,, AHMEDABAD

In the result, the appeal of the Revenue for AY 2014-15 and CO of the assessee for AY 2013-14 are treated as partly allowed

Bench: Shri P.M. Jagtap, Vice- & Shri Siddhartha Nautiyalassessment Year : 2012-13 Adani Petronet (Dahej) Port The Dy. Commissioner Of Pvt. Ltd., Vs Income-Tax, 9Th Floor, Shikhar Building, Circle 1(1)(1), Nr. Mithakali Circle, Ahmedabad Navrangpura, Ahmedabad-380009 Pan: Aaeca 5046 R Assessment Year : 2012-13 The Dy. Commissioner Of Adani Petronet (Dahej) Port Income-Tax, Vs Pvt. Ltd., Circle 1(1)(1), Ahmedabad-380009 Ahmedabad Pan: Aaeca 5046 R

Section 35D of the Act and confirmed by the learned CIT(A) is concerned, the learned Counsel for the assessee has not pressed the same at the time of hearing. Accordingly, Ground No.2 of the CO is dismissed as not pressed. 22. As regards the issue raised by the assessee in Ground No.3 of its Cross Objection

ADANI PETRONET( DAHEJ) PORT PVT. LTD.,,AHMEDABAD vs. THE DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal of the Revenue for AY 2014-15 and CO of the assessee for AY 2013-14 are treated as partly allowed

Bench: Shri P.M. Jagtap, Vice- & Shri Siddhartha Nautiyalassessment Year : 2012-13 Adani Petronet (Dahej) Port The Dy. Commissioner Of Pvt. Ltd., Vs Income-Tax, 9Th Floor, Shikhar Building, Circle 1(1)(1), Nr. Mithakali Circle, Ahmedabad Navrangpura, Ahmedabad-380009 Pan: Aaeca 5046 R Assessment Year : 2012-13 The Dy. Commissioner Of Adani Petronet (Dahej) Port Income-Tax, Vs Pvt. Ltd., Circle 1(1)(1), Ahmedabad-380009 Ahmedabad Pan: Aaeca 5046 R

Section 35D of the Act and confirmed by the learned CIT(A) is concerned, the learned Counsel for the assessee has not pressed the same at the time of hearing. Accordingly, Ground No.2 of the CO is dismissed as not pressed. 22. As regards the issue raised by the assessee in Ground No.3 of its Cross Objection