DCIT, NEW DELHI vs. M/S. HERO HONDA MOTORS LTD., NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sudhanshu Srivastava & Shri O.P. Kantassessment Year: 2005-06

Section 32(1)(iia) of the Act, as amended by Finance (No.2) Act, 2004, w.e.f. 01.04.2005 and applicable for the year under consideration, which reads as under: “32. In respect of depreciation

M/S. HERO MOTOCORP LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sudhanshu Srivastava & Shri O.P. Kantassessment Year: 2005-06

Section 32(1)(iia) of the Act, as amended by Finance (No.2) Act, 2004, w.e.f. 01.04.2005 and applicable for the year under consideration, which reads as under: “32. In respect of depreciation

VEDANTA LTD ,GURGAON vs. ACIT, CIRCLE- 26(2), NEW DELHI

Bench: Shri N.K. Billaiya & Shri Kuldip Singh[Assessment Year: 2014-15]

Section 32(1)(iia) of the Act as it stood at the relevant time, read as follows: “32. Depreciation: (1

AREVA T & D INDIA LTD vs. THE COMMISSIONER OF INCOME TAX-II

Appeals are dismissed in favour of the assessee and

1) of the Act so as to make them eligible for depreciation under Section 32 of the Act. 8. Before proceeding further it would be relevant to consider the relevant provisions of Section 32 of the Act: “Section 32 - Depreciation (i) buildings, machinery, plant or furniture, being tangible assets; (ii) know-how, patents, copyrights, trade marks, licences, franchises

CAIRN ENERGY HYDROCARBON LTD. ,GURGAON vs. DCIT, INTL. TAXATION, CIRCLE, GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

1) of the Act, without appreciating that additional depreciation being optional in nature, is not covered within the purview of the said Explanation. 1.2. That on the facts and circumstances of the case & in law, the Ld CIT(A) erred in not appreciating that the additional depreciation, provided under Section 32(l)(iia

DCIT, INTL. TAXATION, CIRCLE, GURGAON vs. CAIRN ENERGY HYDROCARBON LTD. , GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

1) of the Act, without appreciating that additional depreciation being optional in nature, is not covered within the purview of the said Explanation. 1.2. That on the facts and circumstances of the case & in law, the Ld CIT(A) erred in not appreciating that the additional depreciation, provided under Section 32(l)(iia

CAIRN ENERGY HYDROCARBON LTD. ,GURGAON vs. DCIT, INTL. TAXATION, CIRCLE, GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

1) of the Act, without appreciating that additional depreciation being optional in nature, is not covered within the purview of the said Explanation. 1.2. That on the facts and circumstances of the case & in law, the Ld CIT(A) erred in not appreciating that the additional depreciation, provided under Section 32(l)(iia

DCIT, INTL. TAXATION, CIRCLE, GURGAON vs. CAIRN ENERGY HYDROCARBON LTD. , GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

1) of the Act, without appreciating that additional depreciation being optional in nature, is not covered within the purview of the said Explanation. 1.2. That on the facts and circumstances of the case & in law, the Ld CIT(A) erred in not appreciating that the additional depreciation, provided under Section 32(l)(iia

DDIT, NEW DELHI vs. M/S. CAIRN ENERGY HYDROCARBONS LTD., GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

1) of the Act, without appreciating that additional depreciation being optional in nature, is not covered within the purview of the said Explanation. 1.2. That on the facts and circumstances of the case & in law, the Ld CIT(A) erred in not appreciating that the additional depreciation, provided under Section 32(l)(iia

CAIRN ENERGY HYDROCARBONS LTD.,GURGAON vs. DDIT, NEW DELHI

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

1) of the Act, without appreciating that additional depreciation being optional in nature, is not covered within the purview of the said Explanation. 1.2. That on the facts and circumstances of the case & in law, the Ld CIT(A) erred in not appreciating that the additional depreciation, provided under Section 32(l)(iia

CAIRN ENERGY HYDROCARBON LTD. ,GURGAON vs. JCIT,(OSD) INTL. TAXATION, CIRCLE, GURGAON

In the result, all the appeals preferred by the assessee as well as the Revenue

Bench: Shri Kul Bharat & Shri M. Balaganesh[A.Y.: 2015-16] & [A.Y.: 2016-17]

32(1)(iia) of the Act, inter alia, observing as under: “29. It is a fact on record that the assessee ahs not claimed additional depreciation admissible under clause (iia) of section

DCIT, INT. TAX. CIRCLE, GURGAON vs. CAIRN ENERGY HYDROCARBONS LIMITED, GURGAON

In the result, all the appeals preferred by the assessee as well as the Revenue

Bench: Shri Kul Bharat & Shri M. Balaganesh[A.Y.: 2015-16] & [A.Y.: 2016-17]

32(1)(iia) of the Act, inter alia, observing as under: “29. It is a fact on record that the assessee ahs not claimed additional depreciation admissible under clause (iia) of section

DHARAMVIR KHOSLA ,. vs. DCIT CC-5, NEW DELHI , .

The appeals are allowed for statistical purposes and ld

32(1)(iia) of the Act.\n3.1 Subsequently, search and seizure operation was carried out on\n22.10.2020 on Shri Imtiyaz Ahmad Shah for which the case of assessee was\nopened vide notice u/s 153C of the Act, in response to which assessee filed\nreturn of income on 01.09.2022 declaring total income at Rs.98,25,914/- as\nwas filed in original

VIBRACOUSTIC INDIA PVT. LTD.,NEW DELHI vs. ADDL.CIT,SPECIAL RANGE-9, NEW DELHI

In the result, no question of law arises

Bench: Sh. Anil Chaturvedi & Sh. Anubhav Sharmavibracoustic India Pvt. Ltd. Vs. Acit R-561, Shankar Road, Special Range-9 New Rajinder Nagar, New Delhi New Delhi - 110011

iia) of sub-section 1 of Section 32 of the Act. Clause (ii) of sub-section 1 of Section 32 of the Act recognizes the depreciation

VIBRACOUSTIC INDIA PVT. LTD.,NEW DELHI vs. ADDL.CIT,SPECIAL RANGE-9, NEW DELHI

In the result, no question of law arises

Bench: Sh. Anil Chaturvedi & Sh. Anubhav Sharmavibracoustic India Pvt. Ltd. Vs. Acit R-561, Shankar Road, Special Range-9 New Rajinder Nagar, New Delhi New Delhi

iia) of sub-section 1 of Section 32 of the Act. Clause (ii) of sub-section 1 of Section 32 of the Act recognizes the depreciation

DCIT, CIRCLE-11(1), NEW DELHI vs. HALDIRAM SNACKS PVT. LTD., NEW DELHI

In the result, the Revenue’s appeal is dismissed

Bench: Shri N.K. Billaiya & Ms. Astha Chandraassessment Year: 2015-16

32(1)(iia) of the Act to an assessee engaged in the business of manufacture or production of any article or thing over and above the general depreciation allowance. In a case where the assessee claimed only 50% of the depreciation under second proviso to section

CIT-7

depreciation under Section 32 (1) (iia) of the Act. The said provision reads as under: 32. Depreciation (1) In respect

PMV MALTINGS PVT LTD,NEW DELHI vs. ACIT CIRCLE-19(2), NEW DELHI

In the result the appeal of the assessee for ITA No

Bench: Shri Anubhav Sharma & Shri Amitabh Shukla

32. (1) 7[In respect of depreciation of- buildings 8, machinery 8, plant 8 or furniture, being tangible assets; (i) (ii) know-how, patents, copyrights, trade marks, licences, franchises or any other business or commercial rights of similar nature 8, being intangible assets acquired on or after the 1st day of April, 1998, 9[not being goodwill of a business

PMV MALTINGS PVT LTD,NEW DELHI vs. ACIT CIRCLE-19(2), NEW DELHI

In the result the appeal of the assessee for ITA No

Bench: Shri Anubhav Sharma & Shri Amitabh Shukla

32. (1) 7[In respect of depreciation of- buildings 8, machinery 8, plant 8 or furniture, being tangible assets; (i) (ii) know-how, patents, copyrights, trade marks, licences, franchises or any other business or commercial rights of similar nature 8, being intangible assets acquired on or after the 1st day of April, 1998, 9[not being goodwill of a business