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1 result for “depreciation”+ Section 36(1)(viii)clear

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Section 143(3)3Section 683

M/S BHAGIRATH DAIRY PRIVATE LIMITED,NAGAUR vs. ASSISTANT COMMISSIONER OF INCOME TAX,, NAGAUR

The appeal is allowed

ITA 755/JODH/2025[2017-18]Status: DisposedITAT Jodhpur26 Feb 2026AY 2017-18

Bench: Dr. Mitha Lal Meena, Hon’Ble & Shri Sudhir Pareek, Hon’Ble

Section 131Section 143(3)Section 44Section 68Section 69Section 69A

36,000/-. Similarly, the creditor has also disclosed income of Rs.1,74,580/- u/s 44 AD on business receipts of agricultural products. In response to notice u/s 131, the creditor had furnished a reply that he had advanced Rs.25,50,000/- out of his business receipts, both of plying of trucks and agricultural products. In view of all the aforesaid