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6 results for “depreciation”+ Section 80P(2)(b)clear

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Key Topics

Section 14A18Section 80P(2)(d)13Section 143(3)7Section 80P6Addition to Income6Deduction5Depreciation5Disallowance5Section 244Section 263

SHRI BALBIR SINGH VERMA,SHIMLA vs. PR.CIT, SHIMLA

In the result, appeal of the Assessee is allowed

ITA 314/CHANDI/2020[2015-16]Status: DisposedITAT Chandigarh14 May 2025AY 2015-16

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Parikshit Aggarwal, C.AFor Respondent: Shri Rohit Sharma, CIT DR (Virtual)
Section 133ASection 142(1)Section 143(2)Section 143(3)Section 24Section 263Section 271(1)(c)Section 36(1)(iii)

depreciation, maintenance costs, and insurance for vehicles, one of which was a Toyota Fortuner. The AO suspected that the vehicles might have been used partly for personal purposes and not entirely for business. As a result, and in line with decisions made in previous years, the AO disallowed an amount of Rs.60,000 on an ad-hoc basis from

2

THE PUNJAB STATE COOPERATIVE MILK PRODUCERS FEDERATION LTD.,CHANDIGARH vs. ACIT, CIRCLE-4(1), CHANDIGARH, CHANDIGARH

In the result, ground no. 2 of assessee’s appeal in ITA No

ITA 558/CHANDI/2023[2016-17]Status: DisposedITAT Chandigarh12 Aug 2024AY 2016-17

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

For Appellant: Shri Parveen Jindal, C.AFor Respondent: Shri Vivek Vardhan, JCIT, Sr. DR
Section 143(3)Section 14ASection 80PSection 80P(2)(d)

B”, CHANDIGARH HEARING THROUGH: PHYSICAL MODE "ी िव"म िसंह यादव, लेखा सद" एवं "ी परेश म. जोशी, "ाियक सद" BEFORE: SHRI. VIKRAM SINGH YADAV, AM & SHRI. PARESH M. JOSHI, JM आयकर अपील सं./ ITA NO. 558/Chd/2023 िनधा"रण वष" / Assessment Year : 2016-17 The Punjab State Cooperative Milk बनाम The ACIT, Producers Federation Ltd. Circle-4(1), Chandigarh

THE PUNJAB STATE COOPERATIVE MILK PRODUCERS FEDERATION LTD.,CHANDIGARH vs. DCIT, CIRCLE-4(1), CHANDIGARH, CHANDIGARH

In the result, ground no. 2 of assessee’s appeal in ITA No

ITA 559/CHANDI/2023[2017-18]Status: DisposedITAT Chandigarh12 Aug 2024AY 2017-18

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

For Appellant: Shri Parveen Jindal, C.AFor Respondent: Shri Vivek Vardhan, JCIT, Sr. DR
Section 143(3)Section 14ASection 80PSection 80P(2)(d)

B”, CHANDIGARH HEARING THROUGH: PHYSICAL MODE "ी िव"म िसंह यादव, लेखा सद" एवं "ी परेश म. जोशी, "ाियक सद" BEFORE: SHRI. VIKRAM SINGH YADAV, AM & SHRI. PARESH M. JOSHI, JM आयकर अपील सं./ ITA NO. 558/Chd/2023 िनधा"रण वष" / Assessment Year : 2016-17 The Punjab State Cooperative Milk बनाम The ACIT, Producers Federation Ltd. Circle-4(1), Chandigarh

THE PUNJAB STATE COOPERATIVE MILK PRODUCERS FEDERATION LTD.,CHANDIGARH vs. INCOME TAX OFFICER, FATIONAL E-ASSESSMENT CENTRE, DELHI, DELHI

In the result, ground no. 2 of assessee’s appeal in ITA No

ITA 562/CHANDI/2023[2018-19]Status: DisposedITAT Chandigarh12 Aug 2024AY 2018-19

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

For Appellant: Shri Parveen Jindal, C.AFor Respondent: Shri Vivek Vardhan, JCIT, Sr. DR
Section 143(3)Section 14ASection 80PSection 80P(2)(d)

B”, CHANDIGARH HEARING THROUGH: PHYSICAL MODE "ी िव"म िसंह यादव, लेखा सद" एवं "ी परेश म. जोशी, "ाियक सद" BEFORE: SHRI. VIKRAM SINGH YADAV, AM & SHRI. PARESH M. JOSHI, JM आयकर अपील सं./ ITA NO. 558/Chd/2023 िनधा"रण वष" / Assessment Year : 2016-17 The Punjab State Cooperative Milk बनाम The ACIT, Producers Federation Ltd. Circle-4(1), Chandigarh

NAHAR POLY FILMS LIMITED,LUDHIANA vs. DCIT, CIRCLE-1, LUDHIANA

In the result, the appeal is allowed

ITA 458/CHANDI/2023[2015-16]Status: DisposedITAT Chandigarh19 Aug 2024AY 2015-16

Bench: Shri A.D. Jain & Dr Krinwant Sahayआयकर अपील सं./ Ita No. 458/Chd/2023 "नधा"रण वष" / Assessment Year: 2015-2016 Nahar Poly Films Limited, Vs. The Dcit, बनाम 375, Industrial Area-A, Circle-1, Ludhiana 141003 Aayakar Bhawan, Rishi Nagar, Ludhiana "थायी लेखा सं./Pan No: Aaacn5708K अपीलाथ"/ Appellant ""यथ"/ Repsondent ( Physical Hearing ) "नधा"रती क" ओर से/Assessee By : Sh. Navdeep Sharma, Advocate राज"व क" ओर से/ Revenue By : Smt. Kusum Bansal, Cit Dr सुनवाई क" तार"ख/Date Of Hearing : 29.05.2024 उदघोषणा क" तार"ख/Date Of Pronouncement : 19.08.2024 आदेश/Order Per Dr. Krinwant Sahay, A.M.:

For Appellant: Sh. Navdeep Sharma, AdvocateFor Respondent: Smt. Kusum Bansal, CIT DR
Section 14Section 14A

80P(2)(a)(iii) of the Act is to be considered in the present facts and circumstances of the case, even though the assessee had raised said claim by way of letter dated 15.12.2004 and had not furnished any revised return of income." We therefore by respectfully following the aforesaid order dated 24/05/2013 in the case of M/s Budhewal

M/S PUNJAB STATE COOP MILK PRODUCERS FEDERATION LTD.,CHANDIGARH vs. ACIT, C-4(1), CHANDIGARH

In the result, the appeal of the assessee is dismissed

ITA 459/CHANDI/2018[2010-11]Status: DisposedITAT Chandigarh17 Dec 2018AY 2010-11

Bench: Us Relates To Whether The A.O. In Remand Proceedings Could Have Enhanced The Disallowance Made Earlier & The Ground Raised By The Assessee Reads As Under:

For Appellant: Shri Amitoz Singh, CAFor Respondent: Shri Ashish Gupta, CIT DR
Section 14ASection 250(6)Section 80P(2)Section 80P(2)(d)

B”, CHANDIGARH "ी संजय गग", "याय"क सद"य एवं "ीमती अ"नपणा" ग"ता , लेखा सद"य BEFORE: SHRI SANJAY GARG, JM & SMT.ANNAPURNA GUPTA, AM आयकर अपील सं./ ITA No.459/Chd/2018 "नधा"रण वष" / Assessment Year : 2010-11 M/s The Punjab State Co-operative Milk The A.C.I.T., बनाम Produce Federation Limited, Circle 4(1), SCO 153-155, Sector 34-A, Chandigarh