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1 result for “depreciation”+ Section 255(4)clear

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Section 2636

M.P. STATE INDUSTRIAL DEVELOPMENT CORPORATION LTD,BHOPAL vs. PR CIT-1, BHOPAL

ITA 158/IND/2020[2015-16]Status: DisposedITAT Indore08 Oct 2021AY 2015-16

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year: 2015-16

Section 143(2)Section 143(3)Section 263Section 41(1)

255 12 M/s. M.P. State Industrial Development Depreciation as per books 39,23,231 Interest on Term Loan from IDBI 18,39,42,917 35,75,02,403 3 [1-2] (49,94,03,355) Depreciation as per Income Tax 4 (41,52,794) 5 [3-4] (50,35,56,149) Income considered separately 6 Dividend income