M/S. KVN AUTO ENGINEERING (P) LTD.,NEW DELHI vs. ITO- 1(2), HALDWANI
In the result, appeal of the assessee is partly allowed
ITA 6446/DEL/2016[2012-13]Status: DisposedITAT Dehradun21 Feb 2025AY 2012-13
Bench: Shri Vikas Awasthy & Shri Avdhesh Kumar Mishraआअसं.6446/िद"ी/2016(िन.व. 2012-13) Kvn Auto Engineering (P). Ltd., Plot No. 62, Ramji Vihar, Near Transport Nagar, Haldwani, Uttarakhand ...... अपीलाथ"/Appellant Pan: Aadck-9080-A बनाम Vs. Income Tax Officer-1(2), ..... "ितवादी/Respondent Haldwani, Uttarakhand अपीलाथ" "ारा/ Appellant By : Dr. Rakesh Gupta, Advocate "ितवादी"ारा/Respondent By : Shri Amar Pal Singh, Sr. Dr (Through Vc) सुनवाई क" ितिथ/ Date Of Hearing : 11/02/2025 घोषणा क" ितिथ/ Date Of Pronouncement : : 21/02/2025 आदेश/Order Per Vikas Awasthy, Jm: This Appeal By The Assessee Is Directed Against The Order Of Commissioner Of Income Tax (Appeals), Haldwani (Hereinafter Referred To As 'The Cit(A)') Dated 26.10.2016, For Assessment Year 2012-13. 2. The Assessee In Appeal Has Raised As Many As Eight Grounds. The Gist Of Grounds Raised In Appeal Is Ad Under:
For Appellant: Dr. Rakesh Gupta, AdvocateFor Respondent: Shri Amar Pal Singh, Sr. DR (Through VC)
Section 68Section 69A
deposits in cash credit loan account.
(iii)
Ground no. 5 of appeal, the assessee has assailed addition of Rs.40,000/- on account of alleged difference in loan account.
(iv)
Ground no. 6 & 7 of appeal are in respect of disallowance of Rs.16,82,240/- on account of depreciation on plant & machinery.
(v)
Ground no. 8 of appeal is general