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4 results for “depreciation”+ Section 35(1)(iv)clear

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Mumbai1,498Delhi1,375Bangalore724Chennai371Kolkata215Ahmedabad185Jaipur164Hyderabad138Raipur133Chandigarh88Karnataka67Pune58Indore58Amritsar56Surat46Visakhapatnam39Rajkot38Lucknow30SC29Cochin25Cuttack23Guwahati22Kerala14Telangana12Jodhpur11Nagpur9Varanasi6Dehradun5Allahabad4Calcutta3Patna2Jabalpur2Rajasthan2A.K. SIKRI N.V. RAMANA1Gauhati1D.K. JAIN H.L. DATTU JAGDISH SINGH KHEHAR1Panaji1Agra1

Key Topics

Section 143(1)6Section 1326Section 153A(1)(b)6Section 153A6Section 139(1)4Disallowance4Addition to Income4Section 36(1)3Section 271(1)(c)3

VINOD KUMAR TANDON,ALLAHABAD vs. DCIT(CPC),, BEGALURU

In the result, appeal of the assessee is dismissed

ITA 29/ALLD/2022[2018-19]Status: DisposedITAT Allahabad22 Nov 2022AY 2018-19
For Appellant: NoneFor Respondent: Sh. A.K. Singh, Sr. D.R
Section 139(1)Section 143(1)Section 143(1)(a)Section 234BSection 36(1)(va)Section 43B

35 is as under:- The appellant is an individual and filed his return of income under section 139(1) on 30.10.2018 declaring total income of Rs. 7,89,550/-. While processing the return the learned Deputy Commissioner Of Income Tax, CPC has made the addition of Rs. ome Tax, 5,88,916/-on account of payment of employees contribution

Penalty3
Undisclosed Income3
Section 36(1)(va)2

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)

35 taxman.com 293, to hold that since the assessee was not engaged in the business of investment in shares, interest bearing funds invested in shares of related company interest was liable to be disallowed under section 36(1)(iii). Observing that the assessee had unsecured loans amounting to Rs.2,38,32,073/- and interest on capital amounting to Rs.31

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

In the result the appeal of the assessee is partly allowed

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)

35 taxman.com 293, to hold that since the assessee was not engaged in the business of investment in shares, interest bearing funds invested in shares of related company interest was liable to be disallowed under section 36(1)(iii). Observing that the assessee had unsecured loans amounting to Rs.2,38,32,073/- and interest on capital amounting to Rs.31

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)

35 taxman.com 293, to hold that since the assessee was not engaged in the business of investment in shares, interest bearing funds invested in shares of related company interest was liable to be disallowed under section 36(1)(iii). Observing that the assessee had unsecured loans amounting to Rs.2,38,32,073/- and interest on capital amounting to Rs.31