ROYAL SUITINGS PRIVATE LIMITED ,BHILWARA vs. ITO, WARD-1, BHILWARA

In the result, the appeal of the assessee is allowed

depreciation on these additions and completed the assessment by stating that these are not plant & machinery but fails to allow as revenue expenditure against which filed appeal an appeal was dismissed. Royal Suiting Pvt. Ltd 3. That assessment was completed u/s 143(3) against which assessee preferred an appeal before CIT (A) Ajmer and appeal was dismissed. 4. That assessee

SHREE RAM COLLOIDS PRIVATE LIMITED,JODHPUR vs. PRINCIPAL CIT(1), JODHPUR

In the result, the appeal of the assessee bearing ITA No

Bench: Dr. Mitha Lal Meena & Shri Anikesh Banerjeeshree Ram Colloids Private Vs Principal Commissioner Of Income Limited, Tax (1), Jodhpur C-79, Mia, Phase-Ii, Jodhpur- 342 005 Pan: Aakcs5803L Appellant Respondent

rectification order passed by authority is attached herewith for your ready reference. The company has followed the below policy for accounting of GST/CENVAT/VAT Credit 5.5 The GST/CENVAT/VAT credit available on purchase of materials, other eligible inputs and capital goods is adjusted against taxes payable. The eligible refunds received are adjusted against such Credits. The unadjusted GST/CENVAT/VAT credit is shown under