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2 results for “depreciation”+ Section 268Aclear

Sorted by relevance

Delhi13Mumbai10Cochin7Karnataka7Ahmedabad3Chennai2Bangalore1

Key Topics

Section 354Section 115J2Section 143(3)2Deduction2Depreciation2Disallowance2Addition to Income2

DCIT, CHENNAI vs. M/S. I.P. RINGS LTD., CHENNAI

In the result, the appeal of the Revenue in ITA

ITA 3538/CHNY/2018[2012-13]Status: DisposedITAT Chennai28 Nov 2019AY 2012-13

Bench: Shri George Mathan & Shri Inturi Rama Rao

For Appellant: Shri. R.Vijayaraghavan, AdvFor Respondent: Ms. R. Anitha, IRS, JCIT
Section 115JSection 143(3)Section 35

Section 35(2AB). In view of the above, the action of the ITA Nos.3500 &3538/2018 :- 8 -: assessing officer in denying the deduction u/s 35(2AB) with respect to the expenses not approved by DSIR to the tune of Rs.11,31,458/- is held to be legally valid and thus upheld’’. The order of the ld. CIT(A) is well reasoned

I P RINGS LTD,KANCHEEPURAM vs. DCIT, CORP CIT-2(2), CHENNAI

In the result, the appeal of the Revenue in ITA

ITA 3500/CHNY/2018[2012-13]Status: DisposedITAT Chennai28 Nov 2019AY 2012-13

Bench: Shri George Mathan & Shri Inturi Rama Rao

For Appellant: Shri. R.Vijayaraghavan, AdvFor Respondent: Ms. R. Anitha, IRS, JCIT
Section 115JSection 143(3)Section 35

Section 35(2AB). In view of the above, the action of the ITA Nos.3500 &3538/2018 :- 8 -: assessing officer in denying the deduction u/s 35(2AB) with respect to the expenses not approved by DSIR to the tune of Rs.11,31,458/- is held to be legally valid and thus upheld’’. The order of the ld. CIT(A) is well reasoned