79 results for “depreciation”+ Section 32(1)(ii)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)
ii) The Hon'abe Punjab & Haryana High Court in the case of CIT vs Lakshmi India Limited reported at 188 Taxmann 132: have also held that the said EPF/ESI deductions are admissible where the payments have been made u/s 43B of the Income Tax Act on or before filing the return of income within time u/s 139(1) of Income