3 results for “depreciation”+ Section 35(1)(ii)clear
Sorted by relevance
In the result, the appeal filed by the revenue is dismissed and the Cross objections filed by the assessee are partly allowed
Bench: Shri Om Prakash Kant & Shri Pavan Kumar Gadaledcit, Vs. Jabalpur Hospital & Central Circle, Researchcentre,Pvtltd Ramnath Russel Crossing, Building,Napier Town, Napier Town, Jabalpur-482001, Jabalpur-482001 Madhya Pradesh. Madhya Pradesh Pan/Gir No. : Aabcj1959K Appellant .. Respondent Co.No.04/Jab/2019 (A.Y. 2016-17) (In Ita No.19/Jab/2019) Jabalpur Hospital & Vs. Dcit, Research Centre Pvt Ltd, Central Circle, Russel Crossing, Ramnath Napier Town, Building,Napier Town, Jabalpur-482001. Jabalpur-482001. Madhya Pradesh. Madhya Pradesh. Pan/Gir No. : Aabcj1959K Appellant .. Respondent
35,450/- cannot be treated as unexplained. (b) NIBP Module - As per the print out of inventory taken from computer the assessee has 5 NIBP Module valued at Rs. 1,06,000/- (as per delivery challan) in this connection it is submitted that the NIBP Module is a fixed asset and it was ITA No. 19/JAB/2019 & CO. 04/JAB/2019 M/s Jabalpur