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4 results for “depreciation”+ Section 32(1)(iia)clear

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Key Topics

Section 32(1)(iia)9Section 143(3)5Section 353Section 323Section 2633Depreciation3Section 260A2Addition to Income2Deduction2

THE COMMISSIONER OF INCOME-TAX vs. M/S RITTAL INDIA PVT LTD.,

ITA/268/2014HC Karnataka24 Nov 2015

Bench: S.SUJATHA,VINEET SARAN

Section 260ASection 32Section 32(1)Section 32(1)(iia)

Section 32(1)(iia), read with second proviso to 32(1)(ii) of the Act, for the assessment year 2007-08, the respondent- assessee could have been, and was granted benefit of 50% of 3 the 20% of the amount of depreciation

M/S. JSW STEEL PROCESSING CENTRES LTD., vs. THE DEPUTY COMMISSIONER

The appeal is allowed;

ITA/479/2018HC Karnataka20 Sept 2022

P.S.DINESH KUMAR,UMESH M ADIGA

Bench:
Section 143(3)Section 260Section 32(1)(iia)

depreciation is permissible in terms of Section 32(1)(iia) of the Act, which reads as follows: "32(1) In respect

THE PR. COMMISSIONER OF INCOME TAX vs. M/S CISCO SYSTEMS

The appeals are allowed; the impugned

ITA/27/2019HC Karnataka18 Jun 2021

Bench: SATISH CHANDRA SHARMA,R. NATARAJ

Section 143(3)Section 144Section 260ASection 263Section 32

32. (1) In respect of depreciation of— (i) buildings, machinery, plant or furniture, being tangible assets; (ii) know-how, patents, copyrights, trade marks, licences, franchises or any other business or commercial rights of similar nature, being intangible assets acquired on or after the 1st day of April, 1998, owned, wholly or partly, by the assessee and used for the purposes

M/S TEJAS NETWORKS LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, I proceed to pass the following:

WP/7004/2014HC Karnataka24 Apr 2015

Bench: The Hon’Ble Mr.Justice Aravind Kumar

Section 143(3)Section 144C(1)Section 144C(13)Section 35Section 35(1)(i)

iia) of sub-section (1) in respect of the expenditure referred to in clause (1) which is incurred after the 31st day of March, 2008. (2B)(a) to (d) xxx (3) If any question arises under this section as to whether, and if so, to what extent, any activity constitutes or constituted, or any asset is or was being used