THE COMMISSIONER OF INCOME TAX vs. KITEX GARMENTS LTD., KIZHAKKAMBALAM

The appeal stands dismissed accordingly

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

Section 80 HHC for an amount of Rs.65,20,772/-? 2. Whether, on the facts and in the circumstances of the case and also in the light of reasoning contained in 265 ITR 114 (Bom) the assessee is entitled to claim depreciation

M/S.PTL ENTERPRISES LTD. vs. THE DEPUTY COMMISSIONER OF INCOME-TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

80,772/- for the years 1987-88 to 1993-94 was imposed in the year 1996-97 section 45A of the KGST Act, 1963. This Court, by an order on a stay petition filed by the assessee, directed payment of Rs.52 lakhs towards the penalty so imposed. The assessing officer disallowed the claim for deduction of the amount paid towards

PTL ENTERPRISES LTD. vs. THE DEPUTY COMMISSIONER OF INCOME-TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

80,772/- for the years 1987-88 to 1993-94 was imposed in the year 1996-97 section 45A of the KGST Act, 1963. This Court, by an order on a stay petition filed by the assessee, directed payment of Rs.52 lakhs towards the penalty so imposed. The assessing officer disallowed the claim for deduction of the amount paid towards

M/S PTL ENTERPRISES LTD., vs. THE DEPUTY COMMISSIONER OF INCOME-TAX,

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

80,772/- for the years 1987-88 to 1993-94 was imposed in the year 1996-97 section 45A of the KGST Act, 1963. This Court, by an order on a stay petition filed by the assessee, directed payment of Rs.52 lakhs towards the penalty so imposed. The assessing officer disallowed the claim for deduction of the amount paid towards

M/S.PTL ENTERPRISES LTD. (FORMERLY PREMIER TYRES LTD) vs. THE ASSISTNAT COMMISSIONER OF INCOME TAX, CIRCLE-2(1),RANGE-2, ERNAKULAM

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

80,772/- for the years 1987-88 to 1993-94 was imposed in the year 1996-97 section 45A of the KGST Act, 1963. This Court, by an order on a stay petition filed by the assessee, directed payment of Rs.52 lakhs towards the penalty so imposed. The assessing officer disallowed the claim for deduction of the amount paid towards

PTL ENTERPRISES LTD. vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

80,772/- for the years 1987-88 to 1993-94 was imposed in the year 1996-97 section 45A of the KGST Act, 1963. This Court, by an order on a stay petition filed by the assessee, directed payment of Rs.52 lakhs towards the penalty so imposed. The assessing officer disallowed the claim for deduction of the amount paid towards

PTL ENTERPRISES LTD. vs. THE DEPUTY COMMISSONER OF INCOME TX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

80,772/- for the years 1987-88 to 1993-94 was imposed in the year 1996-97 section 45A of the KGST Act, 1963. This Court, by an order on a stay petition filed by the assessee, directed payment of Rs.52 lakhs towards the penalty so imposed. The assessing officer disallowed the claim for deduction of the amount paid towards

THE PRINCIPAL COMMISSIONER OF INCOME TAX, KOCHI -I vs. M/S.APOLLO TYRES LTD

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

depreciation brought forward from immediately preceding assessment year has to be allowed in the subsequent assessment year and is nto the above finding against law and perverse? 2. Whether on the facts and in circumstances of the case is the Hon'ble ITAT is right in law in allowing the assessee's claim of weighted deduction under Section

M/S.ESCAPADE RESORTS PVT.LTD. vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

The appeal is allowed in part as indicated above

Bench: The Commissioner Of Income Tax (Appeals)-Ii (For Short, ‘Cit(Appeals)’) & Through Annexure-C Order Dated 02.12.2013, The Appeal Was Allowed In Part. The Assessee Carried The Matter In Appeal Before The Income Tax Appellate Tribunal (For Short, 'The Tribunal') & Through The Order Impugned In The Appeal

depreciation @15% is granted on it. The resultant disallowance comes to Rs. 2,72,05,544 [3,20,06,522- 48,00,978)” The CIT (Appeals) and the Tribunal confirmed the said finding. 5. Mr. Joseph Markose referring to the principle laid down by this Court in Joy Alukkas India vs. ACIT1, Indus Motos Co. P.Ltd v. Deputy Commissioner