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2 results for “depreciation”+ Section 54Gclear

Sorted by relevance

Chandigarh43Delhi11Mumbai7Karnataka3SC2Bangalore2Chennai2Hyderabad2Kolkata2Calcutta1A.K. SIKRI N.V. RAMANA1Agra1Nagpur1Jaipur1

Key Topics

Section 1476Section 1486Section 54G6Section 544Section 143(3)2Capital Gains2Exemption2

M/S. MECHELONIC WELDERS PRIVATE LIMITED,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-12(1), BENGALURU

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 441/BANG/2018[2011-12]Status: DisposedITAT Bangalore10 Jul 2019AY 2011-12

Bench: Shri A.K. Garodia & Shri Pavan Kumar Gadale

For Appellant: Shri S.V. Ravishankar, AdvocateFor Respondent: Shri K.N. Dhandapani, JCIT (D.R)
Section 143(1)Section 143(2)Section 143(3)Section 147Section 148Section 54G

depreciation on Plant & Machinery but Assessing Officer disallowed the claims and Assessed total income of Rs.2,55,17,621 and pass order under Section 143(3) r.w.s. 147 of the Act dt.26.06.2014. Aggrieved by the order, the assessee filed an appeal with the CIT(Appeals) whereas on the disputed issue of disallowance due to non- compliance of provisions of Section

HANCHIPURA CHANNAIAH NANDAKISHORE,MAHALKSHMIPURAM vs. INCOME TAX OFFICER WARD INTL, TAXATION 1(2) BANGALORE, BANGALORE

In the result appeal filed by the assessee is allowed

ITA 258/BANG/2025[2018-19]Status: DisposedITAT Bangalore04 Nov 2025AY 2018-19

Bench: Shri Prashant Maharishi & Shri Keshav Dubeyit(It)A No.258/Bang/2025 Assessment Year : 2018-19 Hanchipura Channaiah Nandakishore 87, 2Nd Stage & Phase Mahalakshmipuram 2Nd Stage, 14Th Main, West Of Chord Ito Road Vs. Ward International Taxation 1(2) Mahalakshmipuram Bangalore Bangalore 560 086 Pan No :Blrpn0428A Appellant Respondent Appellant By : Sri Siddesh N Gaddi, A.R. Respondent By : Dr. Divya K.J., D.R. Date Of Hearing : 07.08.2025 Date Of Pronouncement : 04.11.2025

For Appellant: Sri Siddesh N Gaddi, A.RFor Respondent: Dr. Divya K.J., D.R
Section 139(1)Section 142(1)Section 147Section 148Section 148ASection 54Section 54(2)Section 80T

54G or section 54GA or section 54GB were inserted by the Finance Act, 2019 which is effective from 01.04.2020, but the impugned case on hand is related to the AY 2018-19 & therefore the exemption u/s 54/54F can be claimed even without filling a return of income. Lastly the ld. AR submitted that the Assessee has invested an amount