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3 results for “depreciation”+ Section 1aclear

Sorted by relevance

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Key Topics

Section 105Section 1544Section 143(3)2Section 271(1)(c)2Section 50C2Section 2502Long Term Capital Gains2Short Term Capital Gains2Deduction2

MESERS EMBROCIA FARMS PVT LTD,PATHANKOT vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-6, PATHANKOT

In the result, the assessee’s appeal is (in ITA No

ITA 561/ASR/2018[2006-07]Status: DisposedITAT Amritsar13 May 2019AY 2006-07

Bench: Sh. Sanjay Arorai.T.A. Nos. 561/Asr/2018 & 284/Asr/2017 Assessment Year: 2006-07

For Appellant: Sh. Tarsem Lal, AdvFor Respondent: Sh. Charan Dass, Sr. D.R
Section 143(3)Section 154Section 250Section 271(1)(c)Section 50C

depreciable assets] against the declared short term capital gain of Rs.2,09,00,272/-, resulting into under-statement of capital gain to the tune of Rs.25,90,272/-, subject to the finding that the AO may ensure that for working out short term capital gain, set off of WDV of all and (AY 2006-07) Embrocia Farms

Penalty2
Set Off of Losses2

M/S EMBROCIA FARMS PVT LTD. ,PATHANKOT vs. D.C.I.T, CIRCLE-6,, PATHANKOT

In the result, the assessee’s appeal is (in ITA No

ITA 284/ASR/2017[2006-07]Status: DisposedITAT Amritsar13 May 2019AY 2006-07

Bench: Sh. Sanjay Arorai.T.A. Nos. 561/Asr/2018 & 284/Asr/2017 Assessment Year: 2006-07

For Appellant: Sh. Tarsem Lal, AdvFor Respondent: Sh. Charan Dass, Sr. D.R
Section 143(3)Section 154Section 250Section 271(1)(c)Section 50C

depreciable assets] against the declared short term capital gain of Rs.2,09,00,272/-, resulting into under-statement of capital gain to the tune of Rs.25,90,272/-, subject to the finding that the AO may ensure that for working out short term capital gain, set off of WDV of all and (AY 2006-07) Embrocia Farms

M/S STEP BY STEP JUNIOR SCHOOL SOCIETY,AMRITSAR. vs. COMMISSIONER OF INCOME TAX (EXEMPTION), CHANDIGARH

ITA 596/ASR/2016[2015-16]Status: DisposedITAT Amritsar16 Aug 2021AY 2015-16

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

Section 10

depreciation or otherwise in respect of any asset, acquisition of which has been claimed as an application of income under this clause in the same or any other previous year;] 19. From the reading of Section 10(23C) (vi), it is amply clear that the university and educational institution that are solely for educational purposes and not for profit must