M/S SHYAMARAJU & COMPANY PVT LTD,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), , BENGALURU

In the result, all the appeals filed by the assessees, viz

Bench: Shri N.V. Vasudevan & Shri B.R. Baskaran

bogus or inflation of expenses, in the respective years. In our considered view, without making addition of alleged bogus/inflated expenses, the A.O. could not have disallowed the depreciation alone in A.Y. 2014-15. Accordingly, we are of the view that the disallowance of depreciation made by the A.O. in assessment year 2014-15 is not justified in the facts

M/S DIVYASHREE INFRASTRUCTURE PROJECTS PVT LTD ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE

In the result, all the appeals filed by the assessees, viz