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6 results for “depreciation”+ Section 50B(1)clear

Sorted by relevance

Mumbai67Delhi23Raipur17Bangalore14Chennai13Cochin6Ahmedabad6Kolkata6Amritsar5Hyderabad3Pune2Visakhapatnam1Karnataka1SC1A.K. SIKRI N.V. RAMANA1

Key Topics

Section 50B9Section 50B(1)4Depreciation4Section 23Section 194C3Section 653Capital Gains3Long Term Capital Gains3Short Term Capital Gains3TDS

ACEELERATED FREEZE DRYING CO.LTD,ALAPPUZHA vs. DCIT, ALAPPUZHA

In the result, the appeal of the Revenue is allowed and the appeal of the

ITA 1286/COCH/2005[2002-03]Status: DisposedITAT Cochin28 Jun 2019AY 2002-03

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 2Section 2(14)Section 42Section 50BSection 50B(1)

depreciable assets. On the other hand under Section 50B the asset has to be first classified between long term or short term capital asset and then for the purpose of Sections 48 and 49 net worth has to be computed in terms of explanation 1

DCIT, ALAPPUZHA vs. M/S ACEELERATED FREEZE DRYING CO, LTD, ALAPPUZHA

3
Section 2(14)2
Section 143(3)2

In the result, the appeal of the Revenue is allowed and the appeal of the

ITA 714/COCH/2008[2002-03]Status: DisposedITAT Cochin28 Jun 2019AY 2002-03

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 2Section 2(14)Section 42Section 50BSection 50B(1)

depreciable assets. On the other hand under Section 50B the asset has to be first classified between long term or short term capital asset and then for the purpose of Sections 48 and 49 net worth has to be computed in terms of explanation 1

M/S.AMALGAM FOODS LTD,KOCHI vs. THE DCIT, CIR-1, ALLEPPEY, ALLEPPEY

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

ITA 110/COCH/2018[2003-04]Status: DisposedITAT Cochin09 Apr 2019AY 2003-04

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 2Section 43BSection 50(2)Section 50B

1) The Officers below were not justified in re-opening the assessment. 2) The Officers below did not appreciate the fact that the assessee had sold depreciable asset, so much so under the block system, this sale value would go to reduce the WDV of the particular block of assets. I.T.A. No.110/Coch/2018 3) At any rate the provisions of section

USHA JOHNSON,KOLLAM vs. ITO, KOLLAM

In the result, the appeals of the assessee are dismissed

ITA 751/COCH/2019[2009-10]Status: DisposedITAT Cochin28 Feb 2020AY 2009-10

Bench: Shri George George K., Jm

Section 194CSection 65

1 IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN (SMC) BEFORE SHRI GEORGE GEORGE K., JM ITA Nos. 750 to 752/Coch/2019 Assessment Years: 2008-09 to 2010-11 Smt. Usha Johnson, Vs. The ITO, Ward-4, Kollam Prop. Maruthayath Transports, Maruthayath Building, Pallimukku, Kundara, Kollam-691 501. [PAN:AFJPJ 3511R] (Assessee -Appellant) (Revenue-Respondent) Assessee by Shri Sandeep Gopalakrishnan

USHA JOHNSON,KOLLAM vs. ITO, KOLLAM

In the result, the appeals of the assessee are dismissed

ITA 750/COCH/2019[2008-09]Status: DisposedITAT Cochin28 Feb 2020AY 2008-09

Bench: Shri George George K., Jm

Section 194CSection 65

1 IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN (SMC) BEFORE SHRI GEORGE GEORGE K., JM ITA Nos. 750 to 752/Coch/2019 Assessment Years: 2008-09 to 2010-11 Smt. Usha Johnson, Vs. The ITO, Ward-4, Kollam Prop. Maruthayath Transports, Maruthayath Building, Pallimukku, Kundara, Kollam-691 501. [PAN:AFJPJ 3511R] (Assessee -Appellant) (Revenue-Respondent) Assessee by Shri Sandeep Gopalakrishnan

USHA JOHNSON,KOLLAM vs. ITO, KOLLAM

In the result, the appeals of the assessee are dismissed

ITA 752/COCH/2019[2010-11]Status: DisposedITAT Cochin28 Feb 2020AY 2010-11

Bench: Shri George George K., Jm

Section 194CSection 65

1 IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN (SMC) BEFORE SHRI GEORGE GEORGE K., JM ITA Nos. 750 to 752/Coch/2019 Assessment Years: 2008-09 to 2010-11 Smt. Usha Johnson, Vs. The ITO, Ward-4, Kollam Prop. Maruthayath Transports, Maruthayath Building, Pallimukku, Kundara, Kollam-691 501. [PAN:AFJPJ 3511R] (Assessee -Appellant) (Revenue-Respondent) Assessee by Shri Sandeep Gopalakrishnan