ACIT, MORADABAD vs. M/S. PRATHMA BANK, MORADABAD
In the result, appeal of the department is dismissed
ITA 4090/DEL/2013[2010-11]Status: DisposedITAT Delhi14 Jul 2017AY 2010-11
Bench: Sh. N. K. Saini, Am & Smt. Beena Pillai, Jm Ita No. 4090/Del/2013 : Asstt. Year : 2010-11 Asstt. Commissioner Of Income Vs M/S Prathma Bank, Tax, Circle-1, Ramganga Vihar, Moradabad Moradabad (U.P.) (Appellant) (Respondent) Pan No. Aaajp0988Q Assessee By : Sh. Piyush Kaushik, Adv. Revenue By : Smt. Paramita Tripathy, Cit Dr Date Of Hearing : 20.06.2017 Date Of Pronouncement : 14.07.2017 Order Per N. K. Saini, Am: This Is An Appeal By The Department Against The Order Dated 17.04.2013 Of Ld. Cit(A), Bareilly.
For Appellant: Sh. Piyush Kaushik, AdvFor Respondent: Smt. Paramita Tripathy, CIT DR
Section 36Section 36(1)Section 36(1)(viia)
depreciation @ 15% will be allowed. Sir, kindly give a deep thought to this situation and consider as to whether the answer pointed out hereinabove regarding applicability of section 32(1) is correct or not. If the answer is correct, the same interpretation is to be given to the provisions of sections of section 36
