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3 results for “depreciation”+ Section 132clear

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Key Topics

Section 143(3)3Deduction3Depreciation3Disallowance3Section 92B2Section 682Section 14A2Section 115J2Revision u/s 2632

PRINCIPAL COMMISSIONER OF INCOME TAX - 3, KOLKATA vs. M/S EIH LIMITED

In the result, the appeal (ITA/62/2018) is dismissed

ITA/62/2018HC Calcutta20 Dec 2023

Bench: HON'BLE JUSTICE SURYA PRAKASH KESARWANI,HON'BLE JUSTICE RAJARSHI BHARADWAJ

Section 143(3)

Section 143(3) of the Income Tax Act, 1961 and in setting aside revisional order of the Commissioner on the question of disallowability maintenance expenses and depreciation was contrary to law or not? (ii) Whether the finding of the Tribunal in permitting deduction of lease rent for vehicle obtained on lease by the Assessee was perverse

BHAG CHAND CHHABRA A HINDU UNDIVIDED FAMILY vs. PRINCIPAL COMMISSIONER OF INCOME TAX 12

In the result, the appeal (ITA/62/2018) is dismissed

ITAT/62/2018HC Calcutta11 Nov 2021

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA

Section 143(3)

Section 143(3) of the Income Tax Act, 1961 and in setting aside revisional order of the Commissioner on the question of disallowability maintenance expenses and depreciation was contrary to law or not? (ii) Whether the finding of the Tribunal in permitting deduction of lease rent for vehicle obtained on lease by the Assessee was perverse

PRINCIPAL COMMISSIONER OF INCOME TAX 2, KOLKATA vs. M/S KESORAM INDUSTRIES LTD

In the result, the appeal is dismissed and it is held that substantial

ITAT/67/2022HC Calcutta20 Dec 2022

Bench: :

Section 115JSection 143(3)Section 14ASection 260ASection 68Section 80ISection 92B

section 68 of the Income Tax Act, 1961, stating that the said ground was not relevant to the order of the lower authorities ? We have heard Mr. Prithu Dudhoria, learned standing counsel appearing for the appellant/revenue and Mr. J.P. Khaitan, learned Senior Advocate for the respondent/assessee. It is pointed out by the learned Senior Counsel appearing for the respondent/assessee that