Search: depreciation

1 result for “depreciation”+ Section 145Aclear

Sorted by relevance

Mumbai189 Delhi44 Chandigarh44 Ahmedabad27 Bangalore21 Kolkata20 Hyderabad18 Chennai9 Surat5 Jaipur3 Karnataka2 Kerala1 Indore1 Cochin1 Calcutta1

Key Topics

Section 80G5

M/S.KALYAN JEWELLERS INDIA LTD,THRISSUR vs. THE ACIT, THRISSUR

In the result, the appeal filed by the assessee is dismissed

ITA 744/COCH/2019[2015-16]Status: DisposedITAT Cochin14 Sept 2022AY 2015-16

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2015-16

For Appellant: Shri Shaji Sreejith, A.RFor Respondent: Smt. J.M. Jamuna Devi, Sr. DR

Section 143(3)Section 145(1)Section 263Section 5(1)Section 80GSection 80G(4)

145A, 145B etc. There is no provision in the Act to exclude the MTM gain recognised in the statement of profit and loss on accrual basis in accordance with accounting principles regularly followed by the company. The acceptance of companies incorrect claim resulted in short accounting of income under normal provisions. (iv) On scrutiny of the assessment records