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3 results for “depreciation”+ Section 36(1)(viia)clear

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Section 271(1)(c)8 Section 36(1)(vii)6 Section 143(3)5 Section 36(1)(viia)4 Addition to Income3 Section 36(1)2 Section 56(2)(viib)2 Deduction2 Depreciation2 Penalty

M/S. NARMADA MALWA GRAMIN BANK,INDORE vs. THE ACIT-3(1), INDORE

In the result, appeal of the assessee is allowed

ITA 95/IND/2016[2008-09]Status: DisposedITAT Indore03 May 2018AY 2008-09

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year : 2008-09 Acit- 3(1) M/S. Narmada Malwa Gramin Indore Bank, बनाम/ 201, Arcade Silver, 56 Shops, New Vs. Palasia, Indore (M.P.) (Revenue ) (Respondent) P.A. No. Aaccn2847F Assessment Year: 2008-09

Section 143(3)Section 271(1)(c)Section 36(1)Section 36(1)(vii)Section 36(1)(viia)

section 271(1)(c)." 5.12 Same view has been taken by the ITAT Indore wherein on similar facts regarding the claim of deduction ix] s 36(1)(viia) cancellation of penalty was upheld in the case of ACIT v / s Indore Premier Cooperative Bank in dated 06.10.2015. 5.13 In view of the above discussion the levy of penalty

M/S. NARMADA MALWA GRAMIN BANK,INDORE vs. THE ACIT-3(1), INDORE

M/S. NARMADA MALWA GRAMIN BANK,INDORE vs. THE ACIT-3(1), INDORE

THE ACIT-3(1), INDORE vs. M/S. NARMADA MALWA GRAMIN BANK, INDORE

ACIT 5 (1), BHOPAL vs. M/S VINDHYA SOLVENT PVT. LTD., BHOPAL