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3 results for “depreciation”+ Section 155clear

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Key Topics

Section 80I4Section 92C4Section 115J3Section 143(2)3Exemption3Disallowance3Addition to Income3Section 143(3)2Transfer Pricing2Deduction

GREENLAM INDUSTRIES LIMITED,TINSUKIA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-TINSUKIA, TINSUKIA

In the result, appeal filed by the assessee is allowed as per the terms indicated above

ITA 402/GTY/2019[2015-16]Status: DisposedITAT Guwahati19 Dec 2022AY 2015-16

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 115JSection 143(2)Section 143(3)Section 244ASection 25Section 250Section 251(1)(a)Section 31(3)(a)

depreciation. The allowability of costs towards amortization of leasehold land is in question. Having heard Page 7 of 27 I.T.A. No.: 402/Gau/2019 Assessment Year: 2015-16 Greenlam Industries Limited. the rival submissions on the issue, we find that the CIT(A) has rightly appreciated the facts lin perspective and concluding the issue in favour of assessee in the light

2

GREENPLY INDUSTRIES LIMITED,TINSUKIA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-TINSUKIA, TINSUKIA

In the result, the appeal of the assessee for A

ITA 232/GTY/2019[2014-15]Status: DisposedITAT Guwahati21 Jun 2022AY 2014-15

Bench: Shri A.T. Varkey & Shri Manish Borad

Section 115JSection 143(2)Section 80ISection 92C

155 of 2018 (Cal.) and in the case of CIT –vs.- Rasoi Limited (335 ITR 438 (Cal.). Further reliance was placed on the judgment of the Hon’ble Special Bench decision of Mumbai Tribunal in the case of DCIT –vs.- Reliance Industries Limited (2004) 88 ITD 273 (MUM)(SB), wherein it was held that where the object of the subsidy

ACIT, CIRCLE - TINSUKIA , TINSUKIA vs. M/S. GREENPLY INDUSTRIES LTD., TINSUKIA

In the result, the appeal of the assessee for A

ITA 359/GTY/2019[2014-15]Status: DisposedITAT Guwahati21 Jun 2022AY 2014-15

Bench: Shri A.T. Varkey & Shri Manish Borad

Section 115JSection 143(2)Section 80ISection 92C

155 of 2018 (Cal.) and in the case of CIT –vs.- Rasoi Limited (335 ITR 438 (Cal.). Further reliance was placed on the judgment of the Hon’ble Special Bench decision of Mumbai Tribunal in the case of DCIT –vs.- Reliance Industries Limited (2004) 88 ITD 273 (MUM)(SB), wherein it was held that where the object of the subsidy