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4 results for “depreciation”+ Section 43Cclear

Sorted by relevance

Karnataka64Mumbai43Ahmedabad33Delhi23Kolkata9Chennai9Hyderabad6Bangalore4Patna3Jabalpur2Jaipur2SC2Pune2Telangana1Cochin1Guwahati1Jodhpur1Rajkot1Surat1

Key Topics

Section 115J6Section 153C5Section 143(3)4Section 142(1)4Section 113Section 153A3Section 12A2Section 1322Disallowance2

M/S DIVYASREE REALTORS,BANGALORE vs. DCIT, BANGALORE

In the result, appeal of the assessee is partly allowed

ITA 808/BANG/2014[2007-08]Status: DisposedITAT Bangalore06 Jan 2016AY 2007-08
For Appellant: Shri. V. Narendra Sharma, AdvocateFor Respondent: Shri Sunil Kumar Agarwala, JCIT
Section 142(1)Section 143(3)Section 153BSection 153C

43C,* in the case of an assessee engaged in the business of civil construction or supply of labour for civil construction, a sum equal to eight per cent of the gross receipts paid or payable to the assessee in the previous year on account of such business or, as the case may be, a sum higher than the aforesaid

M/S INFOSYS BPM LIMITED ,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX SPECIAL RANGE-3 , BANGALORE

In the result, the appeal of the assessee is treated as partly allowed

ITA 2884/BANG/2018[2009-10]Status: DisposedITAT Bangalore22 Nov 2021AY 2009-10

Bench: Shri George George K. & Shri B.R. Baskaranassessment Year:2009-10

For Appellant: Shri Padamchand Khincha, A.RFor Respondent: Shri Sumer Singh, D.R
Section 10ASection 115JSection 143(3)Section 14ASection 40

depreciation and allowances are dealt with in s. 32. Therefore, Parliament has used the expression "any expenditure" in s. 37 to cover both. Therefore, the expression M/s. Infosys BPM Limited, Bangalore Page 9 of 32 "expenditure" as used in s. 37 may, in the circumstances of a particular case, cover an amount which is really a "loss" even though

ING VYSYA BANK LTD. vs. ACIT,

In the result, revenue’s appeal for Assessment Year 2007-08 is dismissed

ITA 898/BANG/2013[2007-08]Status: DisposedITAT Bangalore06 Feb 2015AY 2007-08

Bench: Shri Rajpal Yadav & Shri Jason P. Boaz

For Appellant: Shri S. Ananthan, C.AFor Respondent: Shri Farhat Hussain Qureshi, CIT (D.R)
Section 115JSection 143(3)

depreciation and allowances are dealt with in s. 32. Therefore, Parliament has used the expression "any expenditure" in s. 37 to cover both. Therefore, the expression "expenditure" as used in s. 37 may, in the circumstances of a particular case, cover an amount which is really a "loss" even though the said amount has not gone out from the pocket

M/S. DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES (REGD),KOLAR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), BANGALORE

In the result, appeal filed by the assessee is allowed

ITA 155/BANG/2022[2020-21]Status: DisposedITAT Bangalore08 Jun 2022AY 2020-21

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: Na

For Appellant: Sri Ramasubramaniyan, A.RFor Respondent: Sri Pradeep Kumar, D.R
Section 11Section 12ASection 132Section 143(2)Section 143(3)Section 153A

Section 11(1) reads as under:- “11. (1) Subject to the provisions of sections 60 to 63, the following income shall not be included in the total income of the previous year of the person in receipt of the income— (a) income derived from property held under trust wholly for charitable or religious purposes, to the extent to which such