ACIT, CIRCLE-49(1) , DELHI vs. AERO CLUB , DELHI

In the result, all the three captioned appeals of the

Bench: Shri N.K. Billaiya & Shri Kul Bharat

depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfillment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable

B4S SOLUTIONS P.LTD,NEW DELHI vs. ACIT, CIRCLE-4(2), NEW DELHI

In the result, all the three captioned appeals of the

Bench: Shri N.K. Billaiya & Shri Kul Bharat

depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfillment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable

KRISHAN PAL,NEW DELHI vs. ITO,WARD-34(1), DELHI

In the result, all the three captioned appeals of the

Bench: Shri N.K. Billaiya & Shri Kul Bharat

depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfillment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable

SAVLEEN KAUR,NEW DELHI vs. ITO, WARD-54 (4), DELHI

In the result, all the three captioned appeals of the

Bench: Shri N.K. Billaiya & Shri Kul Bharat

depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfillment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable

VACO BINARY SEMANTIES LLP,HARYANA vs. CIRCLE 4(1), HARYANA

In the result, the appeal of the assessee in ITA No

Bench: Shri N.K. Billaiya & Shri Yogesh Kumar U.S

1)(va).” 4. Grievances raised vide grounds taken in Form No. 36 has to be decided against the assessee and in favour of the Revenue in as much as the there is no dispute that the employees contributions towards Provident Fund is deposited beyond the prescribed due date and therefore the decision of the Hon'ble Supreme Court

ACIT, CIRCLE- 8(1), NEW DELHI vs. EARTHLINE APPARELS PVT. LTD., NEW DELHI

In the result the appeal of the Revenue in ITA No

Bench: Shri N.K. Billaiya & Shri Anubhav Sharma

depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfillment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable

DCIT CENTRAL CIRCLE-17, NEW DELHI vs. AL AMMAR FROZEN FOODS EXPORTS PVT. LTD, NEW DELHI

In the result, appeal of the Revenue is dismissed and cross\nobjection filed by the assessee is dismissed as infructuous

depreciation. It is\npertinent to note that the aforementioned revised returns were\nfiled within the extended timeline provided by CBDT Circular dated\n30.09.2020, which allowed filing of revised returns for AY 2019-20\nup to 30.11.2020 under Section 139(5) of the Act.\n\n3.\nOn 26.11.2020, the CPC issued an intimation under Section\n143(1) of the Act proposing

THE ACIT, CIRCLE-2(1)(1),, AHMEDABAD vs. GENUS ELETROTECH LIMITED, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

THE DCIT, CIRCLE-4,, AHMEDABAD vs. M/S. GENUS ELECTROTECH LTD.,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

THE DCIT, CIRCLE-2(1)(1),, AHMEDABAD vs. GENUS ELECTROTECH LIMITED,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

THE DCIT, CIRCLE-4,, AHMEDABAD vs. GENUS ELECTROTECH LTD.,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

THE DCIT, CIRCLE-4,, AHMEDABAD vs. M/S. GENUS ELECTROTECH LTD.,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

M/S. GENUS ELECTROTECH LTD.,,AHMEDABAD vs. THE DY.CIT, CIRCLE- 2(1)(1),, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

M/S. GENUS ELECTROTECH LTD.,,AHMEDABAD vs. THE ACIT, CIRCLE-4,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

THE DCIT, CIRCLE-4,, AHMEDABAD vs. GENUS ELECTROTECH LTD.,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

M/S. GENUS ELECTROTECH LTD.,,AHMEDABAD vs. THE DY.CIT, CIRCLE-4,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

M/S. GENUS ELECTROTECH LTD.,,AHMEDABAD vs. THE DY.CIT, CIRCLE-4,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

M/S. GENUS ELECTROTECH LTD.,,AHMEDABAD vs. THE DY.CIT, CIRCLE-4,, AHMEDABAD

In the result, the appeals of the Revenue and assessee are decided as under:

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing]

36(1) (va) r.w. sec 2(24) (x) of Rs. 2, 37,861/- on account of employee's contribution to provident fund on the ground of payment after due date. 2. On the facts and circumstances of the case, Ld. CIT (A) grossly erred in confirming the action of AO in disallowing depreciation of Rs. 13,37,020/- on foreign

ACIT, NEW DELHI vs. M/S OXIGEN SERVICES INDIA PVT. LTD.,, DELHI

In the result, the appeal of the Revenue is allowed partly for statistical purpose

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing] Assessment Year: 2007-08

36(1 )(va) of the Income-tax Act, 1961 in respect of due date. 10. The appellant craves to be allowed to add any fresh ground of appeal and/or delete or amend any of the ground of appeal. 2. Briefly stated facts of the case are that the assessee company (formerly known as ‘India Prepaid Services Private Limited’) is engaged