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4 results for “depreciation”+ Section 255(4)clear

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Key Topics

Section 143(3)9Section 2636Section 1474Section 115J3Section 10A3Disallowance3Addition to Income3Section 1482Section 282Depreciation

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

M/S. INDORE PARASPAR SAHAKARI BANK LTD.,INDORE vs. ACIT-I(I), INDORE

In the result this common issue is decided in favour of the assessee and the relevant grounds raised in Assessment Year 2008-09 to Assessment Year 2012-13 in I

2
Reassessment2
Reopening of Assessment2
ITA 441/IND/2019[2010-11]Status: Disposed
ITAT Indore
18 Jun 2019
AY 2010-11

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

Section 143(3)Section 147Section 148

4 Indore Paraspar Sahakari Bank Ltd ITA No.441/Ind/2019 & ITA No.503/Ind/2018 of depreciation on securities is not allowable. During the course of the assessment proceedings in first round a specific query was raised about the allowability of the deduction and a complete explanations was given along with the Circulars of the Reserve Bank of India. The Accounting Standards were also provided

M/S INDORE PARASPAR SAHKARI BANK LTD. ,INDORE vs. INCOME TAX OFFICER -2 (5) , INDORE

In the result this common issue is decided in favour of the assessee and the relevant grounds raised in Assessment Year 2008-09 to Assessment Year 2012-13 in I

ITA 503/IND/2018[2012-13]Status: DisposedITAT Indore18 Jun 2019AY 2012-13

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

Section 143(3)Section 147Section 148

4 Indore Paraspar Sahakari Bank Ltd ITA No.441/Ind/2019 & ITA No.503/Ind/2018 of depreciation on securities is not allowable. During the course of the assessment proceedings in first round a specific query was raised about the allowability of the deduction and a complete explanations was given along with the Circulars of the Reserve Bank of India. The Accounting Standards were also provided

THE ACIT, - 4(1), INDORE vs. M/S. YASH TECHNOLOGIES PVT. LTD., INDORE

In the result appeal of the revenue is dismissed

ITA 616/IND/2018[2014-15]Status: DisposedITAT Indore31 Oct 2019AY 2014-15

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradassessment Year 2014-15 Pan : Aaacy1868M

Section 10ASection 115JSection 143(3)Section 28Section 40

4. Through Ground No.1 revenue has challenged the finding of Ld. CIT(A) deleting the addition of treating gain from foreign exchange fluctuation as income from other sources at Rs.1,52,82,274/-. Brief facts relating to this issue are that during the course of assessment proceedings Ld. A.O observed that there was a net gain of foreign currency