SHREE CEMENT LIMITED,BANGUR NAGAR vs. ACIT, CENTRAL CIRCLE, AJMER

In the result, the appeal of the assessee - appellant in ITA No

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

section 32(1)(u) of the Act. The additional ground no. 1 raised by the assessee is allowed" Thus, the Hon'ble ITAT held that such intangible assets being "business or commercial right" was entitled to depreciation

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SUBHASH CHANDRA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR , JAIPUR vs. USHA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. USHA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. VIPUL BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. TRILOK DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SARITA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SARITA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. ANIMESH AGARWAL, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

In the result, the appeals of the revenue in ITA No

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n\n\"2. Having gone through the averments made in the application and the\nprayers, we are of the opinion that the prayers sought can be said to be in\nthe form of review which requires detail consideration at length looking\ninto the importance of the matter. Therefore

RAJESH MOTORS (CARS) PRIVATE LIMITED,JAIPUR vs. ITO WD 5(1), JAIPUR, JAIPUR

In the result, appeals of the above mentioned assessee's are dismissed

32 - 37,\non the other hand, deal primarily with business, commercial or professional expenditure,\nunder various heads (including depreciation). Each of these deductions, has its contours,\ndependenting upon the expressions used, and the conditions that are to be met. It is therefore\nnecessary to bear in mind that specific enumeration of deductions, dependent upon\nfulfillment of particular conditions, would qualify

SM WORKFORCE PRIVATE LIMITED,BHIWADI vs. ITO, WARD, BHIWADI

In the result, all the three appeals of the assessee in ITA No

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

32 - 37, on the other hand, deal primarily with business, commercial or professional expenditure, under various heads (including depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfillment of particular conditions, would qualify

KANHAIYALAL RAMESHWAR DAS,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

Section 32(2)(iii) of I.T. Act, 1961 and so was not admissible. The\nassessee firm filed its explanation to object notice u/s 154 and claimed that said\nunabsorbed depreciation is allowable to it as per law and cited various judicial\nprecedents on the issue in its favour. The Ld. A.O. without appreciating the legal\nposition as pronounced in various

OM KOTHARI FOUNDATION,JAIPUR, RAJASTHAN vs. ITO, (EXEMPTION) WARD-1, JAIPUR, JAIPUR, RAJASTHAN

In the result, the appeals of the assessee in ITA No

Bench: SHRI SANDEEP GOSAIN (Judicial Member), DR MITHA LAL MEENA (Accountant Member)

Depreciation under section 32(1) is allowable in respect of both tangible and intangible assets which are 33 OM KOTHARI

TELECRATS INDIA PRIVATE LIMITED,JAIPUR vs. ITO WARD 1(1), JAIPUR , JAIPUR

In the result, all the three appeals of the assessee in ITA No

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

32 - 37, on the other hand, deal primarily with business, commercial or professional expenditure, under various heads (including depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfillment of particular conditions, would qualify