Search: depreciation

1 result for “depreciation”+ Section 140Bclear

Sorted by relevance

Mumbai5 Dehradun1 Indore1

Key Topics

Section 1473 Section 143(3)2 Section 1482 Section 43B2

RNG CONSTRUCTION CO,MANDIDEEP vs. ADDL.,JT.,DY.,ASSTT.ITO, BHOPAL

ITA 230/IND/2024[2015-16]Status: DisposedITAT Indore12 Sept 2025AY 2015-16

Bench: Shri B.M. Biyani & Shri Paresh M. Joshi

Section 139Section 143(3)Section 147Section 148Section 36(1)(va)Section 40Section 43B

depreciation for a sum of Rs.66,441 should be allowed in terms of sections 30 and 32 of the Act. The said contention was raised relying on or on the basis of a decision of the Bombay High Court in CIT v. Chase Bright Steel Ltd. (No. 1) [1989] 177 ITR 124. Disallowance under Section