10 results for “depreciation”+ Section 2(24)(x)clear
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In the result, the appeal of the assessee bearing ITA 192/Asr/2022 is
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.23/Asr/2023 Assessment Year: 2019-20 Ess Ess Kay Engineering Co. Vs. Nfac, Delhi/C/O Asstt. Pvt. Ltd. Factory Area, Commissioner Of Income Jalandhar. Tax Circle-4, Jalandhar. [Pan: Aaace5057G] (Respondent) (Appellant)
x). Till now, this issue was being decided by us in assessee’sfavour, inter-alia, by relying upon the decision of Hon’ble High Court of Punjab &Haryana,CIT vs Mark Auto Industries Ltd ITA no 57 of I.T.A. Nos.23, 24&14/Asr/2023 12 A.Ys.: 2019-20 & 2020-21 2009, 358 ITR 43. However, the position has materially been altered after