THE DY.COMMISSIONER OF INCOME-TAX, JAMMU vs. M/S FILL INDUSTRIES,, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

THE DY. COMMISSIONER OF INCOME TAX, JAMMU vs. M/S. FIL INDUSTRIES LTD, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

THE DY.COMMISSIONER OF INCOME-TAX, JAMMU vs. M/S FILL INDUSTRIES,, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

THE DY.COMMISSIONER OF INCOME-TAX, JAMMU vs. M/S FILL INDUSTRIES,, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

THE DY.COMMISSIONER OF INCOME-TAX, JAMMU vs. M/S FIL INDUSTRIES,, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

THE DY.COMMISSIONER OF INCOME-TAX, JAMMU vs. M/S FIL INDUSTRIES,, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

THE DY.COMMISSIONER OF INCOME-TAX, JAMMU vs. M/S FIL INDUSTRIES,, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

M/S FIL INDUSTRIES LTD,SRINAGAR vs. THE ADDL. COMMISSIONER OF INCOME TAX, SRINAGAR

In the result appeal of the assessee ground no 4 to 4

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation @ prescribed for building only was allowed. Depreciation on the above has been claimed @ 25.%. Depreciation would be available on the above

WALIA CONSTRUCATION COMPANY ,PATHANKOT vs. PRINCIPAL COMMISSIONER OF INCOME TAX -1, AMRITSAR

In the result, appeal of the assessee ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation on the tipper (goods vehicle) which are used for delivery of stone to the party, accordingly, the depreciation was claimed

MAX FINANCIAL SERVICE LIMITED ,NAWANSHAHR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -1, JALANDHAR

In the result, the appeal of the assessee is therefore partly allowed

depreciation against the same. 11 A.Y.2015-16 The Ld. Pr.CIT noted that the AO had neither examined the claim of depreciation

SH. JASBIR SINGH S/O TEK CHAND,,HOSHIARPUR vs. THE INCOME TAX OFFICER,, HOSHIARPUR

In the result, the assessee’s appeal is allowed on the aforesaid terms

Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 600/(Asr)/2015 Assessment Year: 2007-08

depreciation on the ground that no such claim for depreciation was made by the assessee per his return or revised

ISHAR INFRASTRUCTURE DEVELPOPERS PRIVATE LIMITED,BATHINDA vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, BATHINDA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta(Hybrid Hearing) I.T.A. No. 686/Asr/2024 Assessment Year: 2022-23

depreciation incorrectly, the AO is duty bound to compute the depreciation after factually verifying the same from existing records and allow

SHIVAM ENTERPRISES HARBILAS,HOSHIARPUR vs. INCOME TAX OFICER WARD-4, HOSHIARPUR

In the result, the assessee’s appeal is allowed

Bench: Sh. Sanjay Arorai.T.A. No. 194/Asr/2018 Assessment Year: 2011-12

depreciation on vehicles let on hire, he stated it to be at 30%, at which rate depreciation has in fact

M/S BINDRA DEVELOPERS PRIVATE LIMITED,FEROZEPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE, FEROZEPUR

In the result, Ground Nos

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.190/Asr/2022 Assessment Year: 2017-18

depreciation of Rs. 15,94,447.00 as per Income tax Act rules. So Depreciation may please be allowed 6. The Assessee

D.C.I.T , CENTRAL CIRCLE - II , JALANDHAR vs. M/S MBD PRINTOGRAPHICS PVT LTD , JALANDHAR

In the result, the appeal of the department is dismissed

Bench: Sh. N. K. Saini, Hon’Ble & Sh. Ravish Soodita No.244/Asr./2017 : Asstt. Year : 2013-14 Deputy Commissioner Of Vs M/S Mbd Printographics Pvt. Ltd., Income Tax, Central Circle-Ii, Mbd House, Railway Road, Jalandhar Jalandhar (Appellant) (Respondent) Pan No. Aaacm9208R Assessee By : Sh. Sudhir Sehgal, Adv. Revenue By : Smt. Parwinder Kaur, Cit Dr Date Of Hearing : 17.01.2019 Date Of Pronouncement : 17.01.2019 Order Per N. K. Saini: This Is An Appeal By The Department Against The Order Dated 17.02.2017 Of Ld. Cit(A)-I, Jalandhar. 2. Following Grounds Have Been Raised In This Appeal: “(I) Whether On The Facts & Circumstances Of The Case The Ld. Cit(A) Has Not Erred In Deleting Addition On Account Of Interest Free Loan Given To Sister Concerns When Assessee Has Not Justified “Business Expediency” & Failed To Provide Necessary Details Regarding Business Purpose Behind Investing Money In Sister Concerns. (Ii) Whether On The Facts & Circumstances Cit(A) Was Right In Allowing Depreciation Without Filing Revised Return By The Assessee Which Has Rightly Been Disallowed By The Ao.

depreciation of the assessee by observing that the assessee had made the claim for deduction of depreciation without filing the revised

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation rate claimed on wooden partitions. The A.O. has disallowed a sum of Rs.7431428/-by allowing depreciation at the rate

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation rate claimed on wooden partitions. The A.O. has disallowed a sum of Rs.7431428/-by allowing depreciation at the rate

ASSISTANT COMMISIONER OF INCOME TAX , CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

depreciation rate claimed on wooden partitions. The A.O. has disallowed a sum of Rs.7431428/-by allowing depreciation at the rate