M/S. MAHARAJA SHREE UMAID MILLS LTD. JAIPUR,JAIPUR vs. DCIT CIRCLE-6, JAIPUR, CIRCLE-6, JAIPUR

In the result, appeal of the assessee is allowed

32(1)(iia) on same. 18. In respect of disallowance of additional depreciation of Rs.11,60,381/-, it was submitted that the same is claimed in respect of energy saving devices of Rs. 1,16,03,810/- acquired and installed during the year in the textile manufacturing unit. Additional depreciation on these plant & machinery is directly allowable under section

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

SANJIV PRAKASHAN,JAIPUR vs. ACIT, CIRCLE-1, JAIPUR

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

RAMESH CHAND BANSAL,BEAWAR vs. DCIT, AJMER

In the result, the appeals of the assessee are allowed

depreciation and the Assessing Officer did not honour the agreement. 3.1.2. After the coming of Sec. 271AAA applicability of Sec. 271(1)(c) has been completely ruled out by Sec. 271AAA(3). Moreover, the provisions of Sec. 271AAA starts with a non-obstante clause and overrides all other provisions of the Income Tax Act which essentially includes Sec. 271(1

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. 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. 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. 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. 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. 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. 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. 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

M/S. MAHARAJA SHREE UMAID MILLS LTD. JAIPUR,JAIPUR vs. DCIT CIRCLE-6, JAIPUR, CIRCLE-6, JAIPUR

In the result, the ground of appeal is allowed for statistical purposes

depreciation. The Ld. CIT(A) held that the amendment in clause (iia) of sub-section 1 of section 32 was inserted

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