M/S. FLEXITUFF INTERNATIONAL LTD.,DHAR vs. THE PR.CIT-1, INDORE
In the result appeal of the assessee is partly allowed
ITA 282/IND/2017[2012-13]Status: DisposedITAT Indore14 May 2019AY 2012-13
Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradassessment Year 2012-13 M/S. Flexituff International Pr. Commissioner Of Ltd, Vs. Income Tax-1, C-41-50, Sez, Sector-3, Indore Pithampur, Dist. Dhar (Appellant) (Respondent ) Pan Aaacn5986H Revenue By Smt. Ashima Gupta, Cit Assessee By Shri Manjit Sachdeva & Avinash Gaur, Advocates Date Of Hearing 26.03.2019 Date Of Pronouncement 14.05.2019 O R D E R
Section 10ASection 143(2)Section 143(3)Section 14ASection 263
68,106/-
206,811/-
3
26-03-2012
Satguru Polyfab Pvt. Ltd
DTA Unit
150,51,853/-
15,05,185/-
Total
389,83,611/-
38,98,361/-
Since, assessee has purchased old and used plant & machinery and claimed additional depreciation for the same was not allowable in view of provision of section 32. Hence, the excess depreciation of Rs.38
