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2 results for “depreciation”+ Section 12clear

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Key Topics

Section 260A2

PR. COMMISSIONER OF INCOME TAX vs. M/S BRAHMAPUTRA CRACKER AND POLYMER LIMITED....b

ITA/16/2022HC Gauhati11 Apr 2023

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MR. JUSTICE SOUMITRA SAIKIA

Section 260A

12. We now advert to the judgments cited by Mr. S.C. Keyal. 13. In the case of The Principal Commissioner of Income Tax Vs. M/s. Bajaj Herbals Pvt. Ltd., reported in 2022 0 Supreme (SC)307, the High Court dismissed the appeal simply observing that none of the questions proposed by the Revenue could be termed as involving substantial questions

THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. M/S GREENPLY INDUSTRIES LIMITED

ITA/6/2023HC Gauhati03 Mar 2025

Bench: Honourable The Chief Justice Honourable Mr. Justice N. Unni Krishnan Nair Date Of Hearing : 25.02.2025 Date Of Judgment & Order : 04.03.2025

For Respondent: B SARMA, DR. ASHOK SARAF,MR P BARUAH,MR. N N
Section 115
Section 143(3)
Section 260A

12. Dr. Saraf, learned senior counsel, has further submitted that there is no material to demonstrate that the Revenue Department had also questioned the action on the part of the Commissioner of Income Tax(Appeals), Dibrugarh, in allowing the claim of the assessee for treating the excise duty exemption involved, as a capital receipt without the same being so raised