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2 results for “depreciation”+ Section 244Aclear

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Key Topics

Section 1546Section 139(5)2

TEKSYSTEMS GLOBAL SERVICES PRIVATE LIMITED,HYDERABAD vs. DCIT, CIRCLE-2(1), HYDERABAD

In the result, appeal of the assessee is allowed as directed above

ITA 290/HYD/2023[2017-18]Status: DisposedITAT Hyderabad09 Feb 2024AY 2017-18

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

For Appellant: Ms. Amulya K. ARFor Respondent: Shri Shakeer Ahamed, DR
Section 32

depreciation as directed above. Ground No. 2 is allowed with the above directions. Page 8 of 10 18. In respect of ground No. 3, we direct the learned Assessing Officer to verify and grant interest on refund in terms of section 244A

NEERAJ KUMAR AGARWAL ,HYDERABAD vs. INCOME TAX OFFICER, HYDERABAD

In the result, the appeal of the assessee is allowed

ITA 704/HYD/2020[2006-07]Status: Disposed
ITAT Hyderabad
27 Jun 2022
AY 2006-07
For Appellant: Sri P. Murali Mohan Rao, C.AFor Respondent: Sri K.P.R.R. Murthy
Section 139(5)Section 154

section 154 of the Income Tax Act, 1961. (e) The Ld. CIT(A) ought to have followed the ratio laid down by the Apex Court in the case of ITO v. Volkart Brothers and Others, 82 ITR 50 (S.C.) with regard to mistake apparent from record that qualities for an action