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6 results for “depreciation”+ Search & Seizureclear

Sorted by relevance

Mumbai526Delhi442Bangalore168Chennai114Hyderabad92Pune91Jaipur89Kolkata52Chandigarh43Amritsar34Ahmedabad30Guwahati21Lucknow19Visakhapatnam16Indore14Nagpur12Cochin12Raipur12Karnataka11Cuttack11Surat10Rajkot8Allahabad6SC6Jodhpur4Telangana4Agra3Dehradun2Patna1Jabalpur1D.K. JAIN H.L. DATTU JAGDISH SINGH KHEHAR1Ranchi1Kerala1

Key Topics

Section 153A10Section 1326Section 153A(1)(b)6Disallowance6Addition to Income6Undisclosed Income4Section 143(1)3Section 36(1)3Section 271(1)(c)

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

ITA 66/ALLD/2013[2005-06]Status: DisposedITAT Allahabad03 Mar 2021AY 2005-06

Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar

For Appellant: Mr. Praveen Godbole, CAFor Respondent: Mr. Debashish Chanda, CIT-DR
Section 132(1)Section 153A

search and seizure operation was carried on by Revenue against the assessee u/s 132(1) of the 1961 Act on 27.08.2009, while audited accounts were prepared on 05.09.2009. It is not uncommon that while finalizing the audited financial statements, year end adjustment entries are processed to reflect the true and fair view of the accounts in accordance with provisions

KESARWANI & C0,,ALLAHABAD vs. JT CIT,, ALLAHABAD

In the result the appeal of the assessee is partly allowed

3
Penalty3
Section 143(3)2
Section 145(3)2
ITA 390/ALLD/2014[2007-08]Status: DisposedITAT Allahabad29 Nov 2024AY 2007-08
For Appellant: Sh. Praveen Godbole, C.AFor Respondent: Sh. Neel Jain, CIT DR
Section 132Section 143(1)Section 153ASection 153A(1)(b)Section 271(1)(c)Section 36(1)

search and seizure cannot be discarded as rough and waste, unless they are proved to be so. It was a presumption that the contents of such documents were true. He, however, accepted the argument of the assessee, in principle, that the difference of figures of expenses under the respect heads were attributable to the reasons that those heads

KESARWANI & C0.,ALLAHABAD vs. JT.CIT., ALLAHABAD

In the result the appeal of the assessee is partly allowed

ITA 392/ALLD/2014[2009-10]Status: DisposedITAT Allahabad29 Nov 2024AY 2009-10
For Appellant: Sh. Praveen Godbole, C.AFor Respondent: Sh. Neel Jain, CIT DR
Section 132Section 143(1)Section 153ASection 153A(1)(b)Section 271(1)(c)Section 36(1)

search and seizure cannot be discarded as rough and waste, unless they are proved to be so. It was a presumption that the contents of such documents were true. He, however, accepted the argument of the assessee, in principle, that the difference of figures of expenses under the respect heads were attributable to the reasons that those heads

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

In the result the appeal of the assessee is partly allowed

ITA 389/ALLD/2014[2005-06]Status: DisposedITAT Allahabad29 Nov 2024AY 2005-06
For Appellant: Sh. Praveen Godbole, C.AFor Respondent: Sh. Neel Jain, CIT DR
Section 132Section 143(1)Section 153ASection 153A(1)(b)Section 271(1)(c)Section 36(1)

search and seizure cannot be discarded as rough and waste, unless they are proved to be so. It was a presumption that the contents of such documents were true. He, however, accepted the argument of the assessee, in principle, that the difference of figures of expenses under the respect heads were attributable to the reasons that those heads

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

In the result, appeal in ITA No

ITA 393/ALLD/2014[2010-11]Status: DisposedITAT Allahabad29 Nov 2024AY 2010-11
For Appellant: Sh. Praveen Godbole, C.AFor Respondent: Sh. Dr. Neel Jain, CIT DR
Section 143(3)Section 145(3)

Depreciation expenses Rs.49486/- para 8.4 of CIT(A) (f) Out of Repair maintenance Expenses Rs.7000/- para 9.4 of CIT(A) 3. That the learned CIT (A) has erred both in law as well as on facts in confirming the disallowance of interest of 32116.00 to loan bearing sundry creditors and failed to consider the facts of the case and decision

ACIT,, ALLAHABAD vs. M/S KESARWANI & CO., ALLAHABAD

In the result, appeal in ITA No

ITA 429/ALLD/2014[2010-11]Status: DisposedITAT Allahabad29 Nov 2024AY 2010-11
For Appellant: Sh. Praveen Godbole, C.AFor Respondent: Sh. Dr. Neel Jain, CIT DR
Section 143(3)Section 145(3)

Depreciation expenses Rs.49486/- para 8.4 of CIT(A) (f) Out of Repair maintenance Expenses Rs.7000/- para 9.4 of CIT(A) 3. That the learned CIT (A) has erred both in law as well as on facts in confirming the disallowance of interest of 32116.00 to loan bearing sundry creditors and failed to consider the facts of the case and decision