KESARWANI & CO.,ALLAHABAD vs. JT.CIT,, ALLAHABAD

In the result the appeal of the assessee is partly allowed

block assessment in the case of search initiated against the assessee would not apply, as the special procedure for assessment in search cases contained in Chapter XIVB stood abolished and the new provision of section 153A provided for only a single assessment, of the period comprising of previous years, relating to six assessment years preceding the year in which

TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3), ALLAHABAD

In the result, the appeal filed by assessee in ITA no

Bench: Shri.Vijay Pal Rao& Shri Ramit Kochar

assessment framed by AO, carried the matter further before ld. CIT(A) by filing first appeal, and the assessee submitted before ld. CIT(A) on the first issue of disallowance of depreciation , as under.:- “The A.O has wrongly computed the amount disallowed being 30% of total depreciation claimed u/s 32 amounting to Rs.12148152/- as Rs.36444445/- instead of Rs.3644445/-. As mentioned

TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3) , ALLAHABAD

In the result, the appeal filed by assessee in ITA no

Bench: Shri.Vijay Pal Rao& Shri Ramit Kochar

assessment framed by AO, carried the matter further before ld. CIT(A) by filing first appeal, and the assessee submitted before ld. CIT(A) on the first issue of disallowance of depreciation , as under.:- “The A.O has wrongly computed the amount disallowed being 30% of total depreciation claimed u/s 32 amounting to Rs.12148152/- as Rs.36444445/- instead of Rs.3644445/-. As mentioned

TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3), ALLAHABAD

In the result, the appeal filed by assessee in ITA no

Bench: Shri.Vijay Pal Rao& Shri Ramit Kochar

assessment framed by AO, carried the matter further before ld. CIT(A) by filing first appeal, and the assessee submitted before ld. CIT(A) on the first issue of disallowance of depreciation , as under.:- “The A.O has wrongly computed the amount disallowed being 30% of total depreciation claimed u/s 32 amounting to Rs.12148152/- as Rs.36444445/- instead of Rs.3644445/-. As mentioned

COMMERCIAL AUTO SALES PVT.LTD,ALLAHABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-2, ALLAHABAD

In the result, the appeal filed by the assessee with tribunal in ITA No

Bench: Shri.Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2012-13

Block of Asset’ remaining after reducing consideration received on sale of vehicle. The ld. DR did not raised any objection towards dismissal of ground number 5 concerning disallowance of loss of Rs. 1,40,689/- on sale of vehicle(depreciable). After hearing both the parties , the ground number 5 concerning claim of deduction towards ‘loss on sale of vehicle’ stood

M/S BHOLA FOOD PRODUCTS(P) LTD.,ALLAHABAD vs. JT. CIT,(OSD),, ALLAHABAD

In the result, both the appeals filed by assessee for ay: 2005-06 and 2009-10

Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar

block assessments made determining the income at Rs. 1,13,46,700/- as against the returned income of Rs. 12,44,150/- is illegal, arbitrary and against the provisions of the Income Tax Act hence such order passed is nullify. 3. That in any view of the matter disallowances of the expenses of Rs. 14,77,400/- made

ZILA SAHKARI BANK LTD.,MIRZAPUR vs. ASSTT. COMMISIONER OF INCOME TAX, MIRZAPUR

In the result, appeal filed by the assessee in ITA no

Bench: Shrivijay Pal Rao & Shri Ramit Kochar

Block of Assets-‘Plant and Machinery’ of Rs. 13,50,973/- and claimed depreciation @15%. The AO asked assessee to submit evidence. The assessee filed copies of bills totaling an amount of Rs. 1,53,793/- and these bills were for office furniture , which were purchased after September, 2009 . The AO allowed depreciation 5% (50% of the normal depreciation

ZILA SAHKARI BANK LTD,,MIRZAPUR vs. JT. C.I.T.,, MIRZAPUR

In the result, appeal filed by the assessee in ITA no

Bench: Shrivijay Pal Rao & Shri Ramit Kochar

Block of Assets-‘Plant and Machinery’ of Rs. 13,50,973/- and claimed depreciation @15%. The AO asked assessee to submit evidence. The assessee filed copies of bills totaling an amount of Rs. 1,53,793/- and these bills were for office furniture , which were purchased after September, 2009 . The AO allowed depreciation 5% (50% of the normal depreciation