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54 results for “depreciation”+ Section 270Aclear

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Key Topics

Section 26316Section 143(3)11Section 143(2)9Section 2538Section 250(6)8Section 246A8Section 142(1)8Section 270A5Addition to Income3Disallowance

SHIVA SPECIALITY YARNS LTD.,LUDHIANA vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-I, LUDHIANA

Appeal of the assessee is allowed for

ITA 1049/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh22 Jan 2025AY 2018-19

Bench: Shri Rajpal Yadav & Shri Vikram Singh Yadav

For Appellant: Shri Navneet Sehgal, CA and Ms. Naina Gaba Sehgal, CAFor Respondent: Smt. Kusum Bansal, CIT DR
Section 139(1)Section 139(3)Section 143(2)Section 270ASection 80

depreciation. The AO was of the view that business loss of Rs.19,26,39,748/- is not allowable to the assessee because the return under Section 139(1) was not filed within the time limit provided in Section 139(3) of the Income Tax Act. The AO further observed that as per Section 80 of the Income

Showing 1–20 of 54 · Page 1 of 3

2
Deduction2
Depreciation2

ACIT, CHANDIGARH vs. THE PUNJABI UNIVERSITY, PATIALA

In the result, appeal of the Revenue is dismissed

ITA 359/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh22 Apr 2025AY 2018-19

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwal

For Appellant: Shri Ankit Jain, CAFor Respondent: Smt. Kusum Bansal, CIT DR
Section 11Section 11(1)Section 12ASection 143(3)Section 270A

depreciation. Accordingly, addition of Rs.25.43 Cr was made to the total income of the assessee. The ld. AO has initiated the penalty proceedings against the assessee under Section 270A

KAKA SINGH ALIAS GULJAR SINGH,PATIALA vs. INCOME TAX OFFICER , PATIALA

ITA 663/CHANDI/2024[2020-21]Status: DisposedITAT Chandigarh11 Nov 2025AY 2020-21
For Respondent: \nShri Suraj Bhan Nain, Advocate

270A for\nunder-reporting of income.\n7. Feeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA, - vs. ROCKMAN INDUSTRIES LTD, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 818/CHANDI/2023[2015-16]Status: DisposedITAT Chandigarh25 Nov 2024AY 2015-16

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 795/CHANDI/2023[2017-18]Status: DisposedITAT Chandigarh25 Nov 2024AY 2017-18

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

DY. COMMISSIONER OF INCOME TAX, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, FOCAL POINT

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 84/CHANDI/2024[2020-21]Status: DisposedITAT Chandigarh25 Nov 2024AY 2020-21

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4,, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 794/CHANDI/2023[2016-17]Status: DisposedITAT Chandigarh25 Nov 2024AY 2016-17

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, , AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 817/CHANDI/2023[2014-15]Status: DisposedITAT Chandigarh25 Nov 2024AY 2014-15

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 796/CHANDI/2023[2018-19]Status: DisposedITAT Chandigarh25 Nov 2024AY 2018-19

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

DCIT CIRCLE-4, LUDHIANA, LUDHIANA vs. ROCKMAN INDUSTRIES LTD, LUDHIANA

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 748/CHANDI/2023[2010-11]Status: DisposedITAT Chandigarh25 Nov 2024AY 2010-11

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 177/CHANDI/2024[2013-14]Status: DisposedITAT Chandigarh25 Nov 2024AY 2013-14

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

depreciation and taxes is at Rs. 174.93 crores. Thus even the internal accruals is much more than the amount considered by the Ld. AO for calculating this disallowance. 7. The free funds available with the assessee company as on 31/3/2013 at Rs. 456.47 crores & Rs. 553.57 crores as on 31/3/2014. 8. The Ld. A.O. has not established any nexus

NARENDER KAUR,KURUKSHETRA, HARYANA vs. INCOME TAX OFFICER WARD-1 , KURUKSHETRA

ITA 165/CHANDI/2025[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19
For Respondent: \nShri Suraj Bhan Nain, Advocate

270A for\nunder-reporting of income.\n7.\nFeeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

SH. AJIT SINGH,PINJORE vs. ITO, WARD-1, PANCHKULA

ITA 539/CHANDI/2023[2015-16]Status: DisposedITAT Chandigarh11 Nov 2025AY 2015-16
For Respondent: \nShri Suraj Bhan Nain, Advocate

270A for\nunder-reporting of income.\n7.\nFeeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

BALJIT SINGH,AMBALA CITY vs. INCOME TAX OFFICER, WARD-1, AMBALA, AMBALA

ITA 176/CHANDI/2024[2015-16]Status: DisposedITAT Chandigarh11 Nov 2025AY 2015-16

270A for\nunder-reporting of income.\n7.\nFeeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

INCOME TAX OFFICER, WARD-5(5), CHANDIGARH, CHANDIGARH vs. AVTAR SINGH, VILLAGE- KAIMBWALA

ITA 615/CHANDI/2023[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19

270A for\nunder-reporting of income.\n7.\nFeeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

BALVINDER SINGH,FATEHABAD vs. ITO WARD-1, FATEHABAD

ITA 153/CHANDI/2025[2013-14]Status: DisposedITAT Chandigarh11 Nov 2025AY 2013-14

270A for\nunder-reporting of income.\n7.\nFeeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

SH. SURESH PAL,YAMUNA NAGAR vs. ITO, WARD 5, YAMUNA NAGAR

ITA 668/CHANDI/2022[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19

270A for\nunder-reporting of income.\n7. Feeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

BISHAN CHAND,CHANDIGARH vs. INCOME TAX OFFICER, WARD 5 (5), CHANDIGARH, CHANDIGARH

ITA 458/CHANDI/2025[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19
For Respondent: \nShri Suraj Bhan Nain, Advocate

270A for\nunder-reporting of income.\n7.\nFeeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

RANJEET SINGH KHUBBER,AMBALA vs. ITO, WARD 2, AMBALA

ITA 50/CHANDI/2023[2012-13]Status: DisposedITAT Chandigarh11 Nov 2025AY 2012-13

270A for\nunder-reporting of income.\n7.\nFeeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing

SH. RAM LAL,CHANDIGARH vs. ITO, WARD-6(1), CHANDIGARH

ITA 317/CHANDI/2023[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19
For Appellant: \nShri Suraj Bhan Nain, AdvocateFor Respondent: \nShri Manav Bansal, CIT, DR

270A for\nunder-reporting of income.\n7. Feeling aggrieved by the order passed by the Ld. Assessing Officer the\nassessee preferred the appeal before the Ld. CIT(A) / NFAC. The Ld. CIT(A)\nconsidered the assessment order, the written submissions of the assessee, and\nthe material available on record. At the outset, the Ld. CIT(A) observed that\nthe Assessing