THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR
The appeals are dismissed
ITA 298/ASR/2014[2009-10]Status: DisposedITAT Amritsar03 Jan 2018AY 2009-10
Bench: Sh. T. S. Kapoor & Sh. N. K. Choudhryi.T.A. No. 298/(Asr)/2014 Assessment Year: 2009-10 Pan: Aaact6167G Dy. C. I. T., Vs. M/S. The Jammu & Kashmir Circle-1, 2Nd Floor Aayakar Bank Ltd., Corporate Head Bhawan, Railhead Complex, Quarters, M. A. Road, Jammu. Srinagar. (Appellant) (Respondent)
For Appellant: Sh. S. S. Kanwal (D. R.)For Respondent: Written Submissions
Section 14ASection 40Section 40a
3 are dismissed.
Ground no. 4 relates to disallowance of depreciation on wooden
partitions. This issue is also covered in favour of assessee by the order of
the Tribunal dated 28.05.2013. The findings of the Hon'ble Tribunal are
reproduced below:
“11. As regards ground No.4 of the Revenue, the AO has allowed a depreciation @ 10% instead
