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10 results for “depreciation”+ Section 35Eclear

Sorted by relevance

Mumbai17Ranchi13Jaipur11Chennai10Bangalore9Kolkata5Delhi4Ahmedabad4SC1Cochin1Hyderabad1

Key Topics

Section 80I15Disallowance10Deduction5Penalty5Depreciation5Addition to Income5

DCIT, CHENNAI vs. M/S. NEYVELI LIGNITE CORPORATION LTD., NEYVELI

In the result, Ground Nos

ITA 2161/CHNY/2016[2009-10]Status: DisposedITAT Chennai10 Aug 2017AY 2009-10

Bench: Shri George Mathan & Shri A. Mohan Alankamony

For Appellant: Mr.Raghavan RamabadranFor Respondent: Mrs.Ruby George, CIT
Section 80I

section 35E. Overburden removal expenditure: ITA Nos.2161 to 2163/Mds/2016 & ITA Nos.2199 & 2200/Mds/2016 :- 22 -: The above expenditure incurred after commissioning of Mines is called Overburden removal expenditure and the same has been claimed as revenue. Sometimes, the connected thermal project is not ready to take lignite, due to delay in commissioning of the project. At that time, the overburden removal activities

DCIT, CHENNAI vs. M/S. NEYVELI LIGNITE CORPORATION LTD., NEYVELI

In the result, Ground Nos

ITA 2162/CHNY/2016[2010-11]Status: Disposed
ITAT Chennai
10 Aug 2017
AY 2010-11

Bench: Shri George Mathan & Shri A. Mohan Alankamony

For Appellant: Mr.Raghavan RamabadranFor Respondent: Mrs.Ruby George, CIT
Section 80I

section 35E. Overburden removal expenditure: ITA Nos.2161 to 2163/Mds/2016 & ITA Nos.2199 & 2200/Mds/2016 :- 22 -: The above expenditure incurred after commissioning of Mines is called Overburden removal expenditure and the same has been claimed as revenue. Sometimes, the connected thermal project is not ready to take lignite, due to delay in commissioning of the project. At that time, the overburden removal activities

DCIT, CHENNAI vs. M/S. NEYVELI LIGNITE CORPORATION LTD., NEYVELI

In the result, Ground Nos

ITA 2163/CHNY/2016[2012-13]Status: DisposedITAT Chennai10 Aug 2017AY 2012-13

Bench: Shri George Mathan & Shri A. Mohan Alankamony

For Appellant: Mr.Raghavan RamabadranFor Respondent: Mrs.Ruby George, CIT
Section 80I

section 35E. Overburden removal expenditure: ITA Nos.2161 to 2163/Mds/2016 & ITA Nos.2199 & 2200/Mds/2016 :- 22 -: The above expenditure incurred after commissioning of Mines is called Overburden removal expenditure and the same has been claimed as revenue. Sometimes, the connected thermal project is not ready to take lignite, due to delay in commissioning of the project. At that time, the overburden removal activities

M/S. NEYVELI LIGNITE CORPORATION LTD.,NEYVELI vs. DCIT, CHENNAI

In the result, Ground Nos

ITA 2199/CHNY/2016[2009-10]Status: DisposedITAT Chennai10 Aug 2017AY 2009-10

Bench: Shri George Mathan & Shri A. Mohan Alankamony

For Appellant: Mr.Raghavan RamabadranFor Respondent: Mrs.Ruby George, CIT
Section 80I

section 35E. Overburden removal expenditure: ITA Nos.2161 to 2163/Mds/2016 & ITA Nos.2199 & 2200/Mds/2016 :- 22 -: The above expenditure incurred after commissioning of Mines is called Overburden removal expenditure and the same has been claimed as revenue. Sometimes, the connected thermal project is not ready to take lignite, due to delay in commissioning of the project. At that time, the overburden removal activities

M/S. NEYVELI LIGNITE CORPORATION LTD.,NEYVELI vs. DCIT, CHENNAI

In the result, Ground Nos

ITA 2200/CHNY/2016[2012-13]Status: DisposedITAT Chennai10 Aug 2017AY 2012-13

Bench: Shri George Mathan & Shri A. Mohan Alankamony

For Appellant: Mr.Raghavan RamabadranFor Respondent: Mrs.Ruby George, CIT
Section 80I

section 35E. Overburden removal expenditure: ITA Nos.2161 to 2163/Mds/2016 & ITA Nos.2199 & 2200/Mds/2016 :- 22 -: The above expenditure incurred after commissioning of Mines is called Overburden removal expenditure and the same has been claimed as revenue. Sometimes, the connected thermal project is not ready to take lignite, due to delay in commissioning of the project. At that time, the overburden removal activities

DCIT, CHENNAI vs. M/S. NEYVELI LIGNITE CORPORATION LIMITED, NEYVELI

In the result, the appeals of the Revenue as well as the appeal of the assessee are partly allowed

ITA 2077/CHNY/2013[2010-11]Status: DisposedITAT Chennai28 Apr 2017AY 2010-11

Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singh

depreciation @15% in respect of the installations made in the mines and 10% in respect of the buildings, Canteen, Bus Station, etc. The Revenues’ appeal on this issue for the A.Ys 2007-08 and 2010-11 is partly allowed for statistical purposes. 4.0 The next issue is surcharge recoverable from electricity bills: During the assessment proceedings, the AO found from

DCIT, CHENNAI vs. M/S. NEYVELI LIGNITE CORPORATION LIMITED, NEYVELI

In the result, the appeals of the Revenue as well as the appeal of the assessee are partly allowed

ITA 2029/CHNY/2013[2007-08]Status: DisposedITAT Chennai28 Apr 2017AY 2007-08

Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singh

depreciation @15% in respect of the installations made in the mines and 10% in respect of the buildings, Canteen, Bus Station, etc. The Revenues’ appeal on this issue for the A.Ys 2007-08 and 2010-11 is partly allowed for statistical purposes. 4.0 The next issue is surcharge recoverable from electricity bills: During the assessment proceedings, the AO found from

DCIT, CHENNAI vs. M/S. NEYVELI LIGNITE CORPORATION LIMITED, NEYVELI

In the result, the appeals of the Revenue as well as the appeal of the assessee are partly allowed

ITA 1983/CHNY/2011[2008-09]Status: DisposedITAT Chennai28 Apr 2017AY 2008-09

Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singh

depreciation @15% in respect of the installations made in the mines and 10% in respect of the buildings, Canteen, Bus Station, etc. The Revenues’ appeal on this issue for the A.Ys 2007-08 and 2010-11 is partly allowed for statistical purposes. 4.0 The next issue is surcharge recoverable from electricity bills: During the assessment proceedings, the AO found from

NEYVELI LIGNITE CORPORATION LTD.,CUDDALORE vs. DCIT, CHENNAI

In the result, the appeals of the Revenue as well as the appeal of the assessee are partly allowed

ITA 2140/CHNY/2013[2010-11]Status: DisposedITAT Chennai28 Apr 2017AY 2010-11

Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singh

depreciation @15% in respect of the installations made in the mines and 10% in respect of the buildings, Canteen, Bus Station, etc. The Revenues’ appeal on this issue for the A.Ys 2007-08 and 2010-11 is partly allowed for statistical purposes. 4.0 The next issue is surcharge recoverable from electricity bills: During the assessment proceedings, the AO found from

DCIT, CHENNAI vs. NEYVELI LIGNITE CORPORATION LIMITED, NEYVELI

In the result, the appeals of the Revenue as well as the appeal of the assessee are partly allowed

ITA 855/CHNY/2013[2009-2010]Status: DisposedITAT Chennai28 Apr 2017AY 2009-2010

Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singh

depreciation @15% in respect of the installations made in the mines and 10% in respect of the buildings, Canteen, Bus Station, etc. The Revenues’ appeal on this issue for the A.Ys 2007-08 and 2010-11 is partly allowed for statistical purposes. 4.0 The next issue is surcharge recoverable from electricity bills: During the assessment proceedings, the AO found from