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3 results for “depreciation”+ Section 198clear

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Key Topics

Section 40A(3)4Depreciation3Addition to Income3Section 1542Section 682Section 69A2Section 69B2Section 69C2Section 69D2Section 250

M/S ACTIVE TOOLS (P). LIMITED,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE -II, JALANDHAR

ITA 260/ASR/2019[2014-15]Status: DisposedITAT Amritsar16 Aug 2021AY 2014-15

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 115Section 133ASection 142(1)Section 154Section 68Section 69Section 69ASection 69BSection 69CSection 69D

depreciation 8507221 27513457 8. The assessing Officer after considering replies filed by the assesse from time to time and test checking of books of accounts produced before the Assessing Officer, an assessment was framed at an Income of Rs. 99,68,100/- by making an addition of Rs. 1,00,000/- out of expenses debited to Profit and loss account

2
Disallowance2

MEASAGE TAU AGRO SALES PRIVATE LIMITED,FARIDKOT vs. INCOME TAX OFFICER WARD-3(2), FEROZEPUR

In the result the ground no

ITA 324/ASR/2019[2014-15]Status: DisposedITAT Amritsar22 Sept 2022AY 2014-15

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

Section 143(3)Section 250Section 36Section 36(1)(iii)Section 40A(3)

depreciation on car which was used for director’s personal expenses. Aggrieved assesseefled an appeal before the ld. CIT(A) the ld. CIT(A) reduced the addition related to disallowance of expenses on estimated basis. In appeal the disallowances are reduced to 1/10th of total expenses. The assessee filed an appeal before the ld. CIT(A). The CIT(A) partly

MEASAGE.TAU AGRO SALES PRIVATE LIMITED,FARIDKOT vs. INCOME TAX OFFICER WARD-3(4), FARIDKOT

In the result the ground no

ITA 325/ASR/2019[2015-16]Status: DisposedITAT Amritsar22 Sept 2022AY 2015-16

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

Section 143(3)Section 250Section 36Section 36(1)(iii)Section 40A(3)

depreciation on car which was used for director’s personal expenses. Aggrieved assesseefled an appeal before the ld. CIT(A) the ld. CIT(A) reduced the addition related to disallowance of expenses on estimated basis. In appeal the disallowances are reduced to 1/10th of total expenses. The assessee filed an appeal before the ld. CIT(A). The CIT(A) partly