ACIT, NEW DELHI vs. M/S GUJARAT GUARDIAN LTD., NEW DELHI

reassessment.\nIn our view intimation passed u/s 143(1) of the Act are also\nequivalent to the order of assessment for certain provisions for\nexample, powers u/s 263 of the Act can be initiated against the\nintimation passed by the assessing officer, as it stood at relevant\ntimes. Recently, coordinate bench of the Delhi ITAT in the case of\nJindal

GUJARAT GUARDIAN LTD.,,NEW DELHI vs. DCIT, NEW DELHI

reassessment. In our view intimation passed u/s 143(1) of the Act are also equivalent to the order of assessment for certain provisions for example, powers u/s 263 of the Act can be initiated against the intimation passed by the assessing officer, as it stood at relevant times. Recently, coordinate bench of the Delhi ITAT in the case of Jindal

GUJARAT GUARDIAN LTD.,,NEW DELHI vs. DCIT, NEW DELHI

reassessment.\nIn our view intimation passed u/s 143(1) of the Act are also\nequivalent to the order of assessment for certain provisions for\nexample, powers u/s 263 of the Act can be initiated against the\nintimation passed by the assessing officer, as it stood at relevant\ntimes. Recently, coordinate bench of the Delhi ITAT in the case of\nJindal

DCIT, NEW DELHI vs. M/S GUJRAT GUARDIAN LTD.,, NEW DELHI

reassessment.\nIn our view intimation passed u/s 143(1) of the Act are also\nequivalent to the order of assessment for certain provisions for\nexample, powers u/s 263 of the Act can be initiated against the\nintimation passed by the assessing officer, as it stood at relevant\ntimes. Recently, coordinate bench of the Delhi ITAT in the case of\nJindal

DCIT, NEW DELHI vs. M/S. GUJRAT GUARDIAN LTD., NEW DELHI

reassessment.\nIn our view intimation passed u/s 143(1) of the Act are also\nequivalent to the order of assessment for certain provisions for\nexample, powers u/s 263 of the Act can be initiated against the\nintimation passed by the assessing officer, as it stood at relevant\ntimes. Recently, coordinate bench of the Delhi ITAT in the case of\nJindal

SHREE CHANDI MAA MAHAKALI PRACHIN MANDIR SIDH PEETH SAMITI,SONIPAT vs. CPC, BANGLORE

reassessment.\nIn our view intimation passed u/s 143(1) of the Act are also\nequivalent to the order of assessment for certain provisions for\nexample, powers u/s 263 of the Act can be initiated against the\nintimation passed by the assessing officer, as it stood at relevant\ntimes. Recently, coordinate bench of the Delhi ITAT in the case of\nJindal

GUJRAT GUARDIAN LTD.,NEW DELHI vs. DCIT, NEW DELHI

reassessment.\nIn our view intimation passed u/s 143(1) of the Act are also\nequivalent to the order of assessment for certain provisions for\nexample, powers u/s 263 of the Act can be initiated against the\nintimation passed by the assessing officer, as it stood at relevant\ntimes. Recently, coordinate bench of the Delhi ITAT in the case of\nJindal

MODI ENTERTAINMENT LTD vs. DCIT CIRCLE 5 (1),

In the result, the appeal of the assessee on this ground is dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumar

reassessment being based merely on change of opinion, was bad in law and void ab- initio. 2. That the CIT(A) erred on facts and in law in confirming the action of the assessing officer in making an addition of Rs.19,40,928/ while computing 'book profit under section 115JB of the Income Tax Act, 1961('the Act'), on account

ACIT, CIRCLE-18(2), NOIDA vs. NOIDA TOLL BRIDGE CO. LTD., NOIDA

In the result, appeal of the assessee is allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Section 205(2)(b) of the Companies Act, 1956. Depreciation for the year 1647417/- , 894275/- Unabsorbed depreciation carried 81,56,588/- 65,09,171/- Forward 4.6 The requirement of disclosure on failure to provide for depreciation, in the profit and loss account, as also, the quantum of such arrears, flows from Section 211, read with, clause 3(iv) of Part

ACIT, CIRCLE-18(2), NOIDA vs. NOIDA TOLL BRIDGE CO. LTD., NOIDA

In the result, appeal of the assessee is allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Section 205(2)(b) of the Companies Act, 1956. Depreciation for the year 1647417/- , 894275/- Unabsorbed depreciation carried 81,56,588/- 65,09,171/- Forward 4.6 The requirement of disclosure on failure to provide for depreciation, in the profit and loss account, as also, the quantum of such arrears, flows from Section 211, read with, clause 3(iv) of Part

ACIT, CIRCLE-18(2), NOIDA vs. NOIDA TOLL BRIDGE CO. LTD., NOIDA

In the result, appeal of the assessee is allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Section 205(2)(b) of the Companies Act, 1956. Depreciation for the year 1647417/- , 894275/- Unabsorbed depreciation carried 81,56,588/- 65,09,171/- Forward 4.6 The requirement of disclosure on failure to provide for depreciation, in the profit and loss account, as also, the quantum of such arrears, flows from Section 211, read with, clause 3(iv) of Part

ACIT, CIRCLE-18(2), NOIDA vs. NOIDA TOLL BRIDGE CO. LTD., NOIDA

In the result, appeal of the assessee is allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Section 205(2)(b) of the Companies Act, 1956. Depreciation for the year 1647417/- , 894275/- Unabsorbed depreciation carried 81,56,588/- 65,09,171/- Forward 4.6 The requirement of disclosure on failure to provide for depreciation, in the profit and loss account, as also, the quantum of such arrears, flows from Section 211, read with, clause 3(iv) of Part

ACIT, CIRCLE-18(2), NOIDA vs. NOIDA TOLL BRIDGE CO. LTD., NOIDA

In the result, appeal of the assessee is allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Section 205(2)(b) of the Companies Act, 1956. Depreciation for the year 1647417/- , 894275/- Unabsorbed depreciation carried 81,56,588/- 65,09,171/- Forward 4.6 The requirement of disclosure on failure to provide for depreciation, in the profit and loss account, as also, the quantum of such arrears, flows from Section 211, read with, clause 3(iv) of Part

ACIT, CIRCLE-18(2), NOIDA vs. NOIDA TOLL BRIDGE CO. LTD., NOIDA

In the result, appeal of the assessee is allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Section 205(2)(b) of the Companies Act, 1956. Depreciation for the year 1647417/- , 894275/- Unabsorbed depreciation carried 81,56,588/- 65,09,171/- Forward 4.6 The requirement of disclosure on failure to provide for depreciation, in the profit and loss account, as also, the quantum of such arrears, flows from Section 211, read with, clause 3(iv) of Part