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2 results for “depreciation”+ Block Assessmentclear

Sorted by relevance

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Key Topics

Section 143(1)7Section 80I5Section 2633Section 143(3)3Section 801A2Section 32(1)(i)2Disallowance2

SIPANI WOOLEN PRIVATE LIMITED,BIKANER vs. ITO, WARD-1(2), BIKANER

In the result, appeal of the assessee is allowed for statistical

ITA 178/JODH/2022[2018-19]Status: DisposedITAT Jodhpur03 Aug 2023AY 2018-19

Bench: Filing Of Income Tax Return & Disallowance On Account Of Incorrect

Section 143(1)Section 234ASection 32(1)(i)Section 36(1)(va)

assessment u/s 143(1). 2. The Ld. CIT(A), Bikaner was wrong in law as well as in facts in upholding an addition of Rs. 2,15,561/- in account of depreciation u/s 32(1)(i). 3. The Ld. CIT(A), Bikaner was erred by charging interest u/s 234A, 234B and 234C of IT. Act. 4. The appellant reserves right

NAHAR COLOURS AND COATINHGS PRIVATE LIMITED,UDAIPUR vs. PRINCIPAL COMMISSIONER OFINCOMETAX, UDAIPUR

In the result, appeal of the assessee is allowed

ITA 140/JODH/2023[2018-19]Status: DisposedITAT Jodhpur09 Aug 2023AY 2018-19
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 263Section 801ASection 80I

depreciation claimed thereon. the assessing authority was bound to consider the Explanation. Simply because the facts have been disclosed by the assessee, it does not give immunity from revisional jurisdiction which the Commissioner can exercise under section 263 and as such even in a case where the facts have been disclosed by the assessee to the assessing authority