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5 results for “depreciation”+ Section 246Aclear

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Key Topics

Section 142(1)7Section 143(3)6Section 2635Section 2534Depreciation4Section 12A3Section 2503Section 143(2)2Section 102Cash Deposit

SHREEPAL HUMAD,INDORE vs. THE PR CIT-1, INDORE

In the result, appeal of assessee is allowed

ITA 125/IND/2021[2016-17]Status: DisposedITAT Indore21 Jun 2023AY 2016-17

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanishreepal Humad Pr. Cit-1 Near Civil Hospital, Bus Indore Vs. Stand Road, Manasa Madhya Pradesh (Appellant / Assessee) (Respondent/ Revenue) Pan: Aaxph1346 K Assessee By Shri Ashish Goyal & N.D. Patwa, Ars Revenue By Shri P.K. Mishra, Cit-Dr Date Of Hearing 13.04.2023 Date Of Pronouncement 21 .06.2023

Section 12ASection 138Section 263

246A of the Income Tax Act, 1961. 34. The Finance Minister in the parliament had introduced the “Direct Tax Vivad Se Vishwas Act, 2020. The respective petitioners opted to settle the dispute with Income Tax Department by filing declarations in Form 1 and 2 on 31.08.2020. 35. The Designated Authority namely, the third respondent has also issued Form

SHREE RAJENDRA SURI SAH SAKH SANTHA MYD,RAJGARH, DHAR vs. THE ITO, DHAR, DHAR

2
ITA 786/IND/2024[2015-16]Status: Disposed
ITAT Indore
09 Jul 2025
AY 2015-16

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

Section 143(3)Section 246ASection 253Section 37Section 38(2)Section 80P

depreciation expenses of Rs.11,97,909/- claimed in the Profit and Loss account under section 38(2) of the Income-Tax Act, 1961 in view of leakage and personal utilization of vehicle without properly appreciating the facts of the case and submissions made before him 6. That on the facts and in the circumstances of the case

SCIENCE FORUM FOR RURAL DEVELOPMENT AND RESEARCH,GRAM MINDIA, SANVER ROAD vs. CIT(A), UJJAIN

ITA 340/IND/2024[2017-18]Status: DisposedITAT Indore17 Mar 2025AY 2017-18

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshiassessment Year: 2017-18

Section 10Section 12ASection 142(1)Section 250Section 253

Depreciation 6,89,037/- Assessed Income 21,74,733/- 2.8 That in view of the aforesaid income of the assessee for the year under consideration is assessed at Rs.21,74,733/- U/s 144 r.w.s. 142(1) of the Act. 2.9 That the aforesaid order of Ld. A.O bears No.ITBA/AST/S/144/2019-70/1023240276(1) and is dated 27.12.2019 which is hereinafter referred

INCOME TAX OFFICER 2(1), BHOPAL, BHOPAL vs. PURUSHOTTAM GUPTA, BHOPAL

ITA 278/IND/2024[2016-17]Status: DisposedITAT Indore08 Jul 2025AY 2016-17

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshi

Section 133(6)Section 142(1)Section 143(2)Section 250Section 253

depreciation), Net profit, N.P. margin. Reasons for short fall in Gross profit margin, if any may be explained with supporting evidences. 3. Month-wise details of opening stocks, purchase, sale and closing stock of different materials -indicate quantity and value wise. 2.10 That however the assessee neither filed any written reply nor requested adjournment. 2.11 That the assessee had mentioned

DCIT-4(1), INDORE, INDORE vs. MARAL OVERSEAS LTD, KHARGONE

In the result, the “Impugned

ITA 569/IND/2025[1992-93]Status: DisposedITAT Indore27 Feb 2026AY 1992-93

Bench: Shri B.M. Biyani & Shri Paresh M Joshideputy Commissioner Of Maral Overseas Ltd. बनाम/ Income Tax- 4(1) Maral Srovar, V & Po, Vs. Indore Khalbujurg, Kasrawad, Khargone, Bhopal (Pan: Aaccm0230B) (Appellant) (Respondent) Assessee By Shri Satyajeet Goyal, Ca Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 03.02.2026 Date Of Pronouncement 27.02.2026

Section 143(3)Section 250Section 253

depreciation for the income tax return. b. In the revised return filed on 16.07.1993, the company though offered the said interest as income from other sources, however, it was claimed by way of a note appended to the return of income that the said income is not taxable and have been rightly deducted from pre-operative expenses c. The assessment