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242 results for “depreciation”+ Section 139(4)clear

Sorted by relevance

Mumbai1,046Delhi858Bangalore368Chennai320Kolkata242Jaipur174Raipur124Hyderabad119Ahmedabad112Chandigarh92Pune82Indore78Karnataka58Surat49Cochin36Amritsar36Visakhapatnam34Lucknow32Guwahati26Nagpur23Cuttack21SC20Jodhpur16Allahabad13Telangana10Patna9Rajkot7Panaji6Dehradun5Punjab & Haryana3Varanasi2Agra2Calcutta1D.K. JAIN H.L. DATTU JAGDISH SINGH KHEHAR1Tripura1

Key Topics

Section 143(3)108Section 14861Section 14A60Disallowance54Addition to Income52Section 14747Section 26340Deduction40Section 115J37Section 250

ACIT, CIRCLE - 13(2), KOLKATA , KOLKATA vs. M/S. PADMA LOGISTICS & KHANIJ PRIVATE LIMITED , KOLKATA

In the result, the revenue’s appeal is partly allowed for statistical purposes

ITA 606/KOL/2018[2010-11]Status: DisposedITAT Kolkata22 May 2020AY 2010-11

Bench: "ी जे. सुधाकर रे"डी, लेखा सद"य एवं/And "ी ऐ. ट". वक", "यायीक सद"य) [Before Shri J. Sudhakar Reddy, Am & Shri A. T. Varkey, Jm]

Section 142(1)Section 143(2)Section 14ASection 2

depreciation as per the Income Tax Act, 1961 eligible to be carried forward and set-off under section 72A(4) of the Income Tax Act, 1961 in the hands of resulting company, i.e. Padma Logistic and Khanij Private Limited as per follows" Hence, we are of the opinion that section 139

ARISTOCRAT RESIDENCES LLP ,KOLKATA vs. INCOME TAX OFFICER WARD 34 (1), KOLKATA

In the result, the appeal of the assessee is allowed

Showing 1–20 of 242 · Page 1 of 13

...
36
Section 80I33
Depreciation33
ITA 1118/KOL/2024[AY-2013-2014]Status: DisposedITAT Kolkata01 Apr 2025

Bench: Shri Rajesh Kumar, Am & Shri Sonjoy Sarma, Jm Income Tax Officer, Ward Aristocrat Residences Llp 34(1) 2 Oswal Chambers Church Lane Aaykar Bhavan, Bbd Bagh, Kolkata-700001 Vs. Kolkata-700107 West Bengal West Bengal (Appellant) (Respondent) Pan No. Aavfa9997R Assessee By : Dr. Kapil Goel, Ar Revenue By : H. Robindro Singh, Dr Date Of Hearing: 06.02.2025 Date Of Pronouncement : 01.04.2025

For Appellant: Dr. Kapil Goel, ARFor Respondent: H. Robindro Singh, DR
Section 132Section 139Section 142(1)Section 147Section 148Section 149Section 151Section 153Section 153ASection 153C

139, section 147, section 148, section 149, section 151 and section 153, where the AO is satisfied that-(a) any money, bullion, jewellery or other valuable article or thing, seized or requisitioned, belongs to or (b) any books of account or documents, seized or requisitioned, pertains or pertain to, or any information contained therein relates to, a person other than

M/S. TEGA INDUSTRIES LIMITED,KOLKATA vs. D.C.I.T., CIRCLE - 11(1), KOLKATA

In the result, the appeal filed by the assessee is partly allowed

ITA 1875/KOL/2024[2020-2021]Status: DisposedITAT Kolkata11 Dec 2025AY 2020-2021

Bench: Shri George Mathan & Shri Rakesh Mishra

Section 143(3)Section 144Section 144C(5)Section 92BSection 92CSection 92C(3)

139 kcal per KG generation of electricity Percentage of energy utilised in the 17.66% generation of electricity Total expenses for Boiler 1800000 Generation of steam to be allocated on a expenses percentage basis Boiler maint 1728903 Coal expenses 38733894 Depreciation otherthan 10522945 turbine Total expenses 52785832 Expenses for steam utilised for 17.66% of 52785832 Generation of electricity 9321977 In addition

SURESH KUMAR PODDAR,KOLKATA vs. I.T.O., WARD - 63(4), KOLKATA, KOLKATA

In the result, appeal of the assessee is allowed

ITA 1542/KOL/2024[2011-2012]Status: DisposedITAT Kolkata06 Mar 2026AY 2011-2012

Bench: SHRI RAJESH KUMAR (Accountant Member)

Section 111ASection 132Section 132(1)Section 139(1)Section 144Section 147Section 148Section 153CSection 250Section 250o

depreciation allowance or any other allow- ance or deduction for such assessment year and for which a prior no- tice under Section 148 would be required to be issued. Section 147 does not contemplate an eventuality which Section 153A or Section 153C contemplates, the basis of which is inter alia a search action un- der Section 132 being resorted

M/S TEA PROMOTERS (INDIA) PVT LTD,KOLKATA vs. D.C.I.T RG - 4,KOLKATA, KOLKATA

In the result, Revenue’s appeal is dismissed

ITA 1897/KOL/2013[2003-04]Status: DisposedITAT Kolkata18 Nov 2016AY 2003-04

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

Section 10BSection 143(1)Section 143(3)Section 147Section 148

depreciation allowance or any other allowance, as the case may be, for the assessment year; concerned . ITA No.1841. 1897, 2161-62/Kol/13 & 623/Kol/14 A.Ys 02-03 to 04-05 M/s Tea Promoters (I) Pt. Ltd. vs. DCIT Rng-4, Kol. Page 6 Provided that where an assessment under sub-section (3) of section 143 or this section has been made

INCOME TAX OFFICER WARD-4(4), KOLKATA vs. M/S TEA PROPOTERS (INDIA) PVT. LTD., KOLKATA

In the result, Revenue’s appeal is dismissed

ITA 2161/KOL/2013[2002-03]Status: DisposedITAT Kolkata18 Nov 2016AY 2002-03

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

Section 10BSection 143(1)Section 143(3)Section 147Section 148

depreciation allowance or any other allowance, as the case may be, for the assessment year; concerned . ITA No.1841. 1897, 2161-62/Kol/13 & 623/Kol/14 A.Ys 02-03 to 04-05 M/s Tea Promoters (I) Pt. Ltd. vs. DCIT Rng-4, Kol. Page 6 Provided that where an assessment under sub-section (3) of section 143 or this section has been made

M/S TEA PROMOTERS (INDIA) PVT. LTD.,KOLKATA vs. DCIT, CIRCLE - 4, KOLKATA, KOLKATA

In the result, Revenue’s appeal is dismissed

ITA 1841/KOL/2013[2002-03]Status: DisposedITAT Kolkata18 Nov 2016AY 2002-03

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

Section 10BSection 143(1)Section 143(3)Section 147Section 148

depreciation allowance or any other allowance, as the case may be, for the assessment year; concerned . ITA No.1841. 1897, 2161-62/Kol/13 & 623/Kol/14 A.Ys 02-03 to 04-05 M/s Tea Promoters (I) Pt. Ltd. vs. DCIT Rng-4, Kol. Page 6 Provided that where an assessment under sub-section (3) of section 143 or this section has been made

A.C.I.T CIR - 36,KOLKATA., KOLKATA vs. M/S SRI RAM COMMERCIAL CO, KOLKATA

In the result, Revenue’s appeal is dismissed

ITA 623/KOL/2013[2008-2009]Status: DisposedITAT Kolkata18 Nov 2016AY 2008-2009

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

Section 10BSection 143(1)Section 143(3)Section 147Section 148

depreciation allowance or any other allowance, as the case may be, for the assessment year; concerned . ITA No.1841. 1897, 2161-62/Kol/13 & 623/Kol/14 A.Ys 02-03 to 04-05 M/s Tea Promoters (I) Pt. Ltd. vs. DCIT Rng-4, Kol. Page 6 Provided that where an assessment under sub-section (3) of section 143 or this section has been made

M/S. BAID TRADE FINA PVT. LTD.,,KOLKATA vs. ITO, WARD - 1(1), , KOLKATA

In the result, the appeal of the assessee is allowed

ITA 2453/KOL/2024[2021-22]Status: DisposedITAT Kolkata30 Apr 2025AY 2021-22

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 2453/Kol/2024 Assessment Year: 2021-2022 M/S. Baid Trade Fina Pvt. Ltd.,……...………Appellant S.S. Chambers, 5, C.R. Avenue, 4Th Floor, Kolkata-700072 [Pan:Aabcb1875A] -Vs.- Income Tax Officer,…………………………….…Respondent Ward-1(1), Kolkata, Aayakar Bhawan, P-7, Chowringhee Square, Kolkata-700069 Appearances By: Shri Sujay Sen, Advocate, Appeared On Behalf Of The Assessee Shri Susanta Saha, Addl. Cit, Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: March 10, 2025 Date Of Pronouncing The Order: April 30Th, 2025 O R D E R

Section 115BSection 139(1)Section 143(1)Section 234B

139(1). Moreover, tax was computed at the rate of 30% instead of 25% 2 M/s. Baid Trade Fina Pvt. Ltd. through the turnover of the assessee-company for the AY 2018-19 did not exceed Rs.400 crores. It is noticed that while filing the return of income since the assessee company had opted for provision of section 115BAA

JCIT (OSD), CIR- 11(1), , KOLKATA vs. M/S. GOBIND SUGAR MILLS LTD. , KOLKATA

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

ITA 235/KOL/2023[2020-21]Status: DisposedITAT Kolkata26 Jul 2023AY 2020-21

Bench: Shri Rajpal Yadav, Hon’Ble & Dr. Manish Borad, Hon’Ble

For Appellant: Shri Ankit Goel, A/RFor Respondent: Shri Abhijit Kundu, CIT D/R
Section 115BSection 143(1)(a)Section 250Section 32(1)(iia)

4) In case of a person, having a Unit in the International Financial Services Centre, as referred to in sub-section (1A) of , which has exercised option under sub-section (5), the conditions contained in sub-section (2) shall be modified to the extent that the deduction under shall be available to such Unit subject to fulfilment of the conditions

D.C.I.T., CIRCLE-12, KOLKATA, KOLKATA vs. M/S VANTAGE ADVERTISING PVT. LTD., CHENNAI

In the result the appeal by the revenue is dismissed

ITA 2616/KOL/2013[2010-2011]Status: DisposedITAT Kolkata03 Jan 2018AY 2010-2011

Bench: Hon’Ble Sri N.V.Vasudevan, Jm & Dr.Arjun Lal Saini, Am]

For Appellant: Md. Usman, CIT(DR)For Respondent: Shri J.P.Khaitan, Sr.Advocate &
Section 133(6)Section 14A

depreciation at 100% on “Purely temporary erections such as wooden structure is allowed. According to him the hoardings in question cannot be regarded as purely temporary erection. 17. We have given a very careful consideration to the rival submissions. We are of the view that the Tribunal has already taken a view in favour of the assessee

DCIT, CIR-3(1), KOLKATA, KOLKATA vs. M/S TATA METALIKS LTD., KOLKATA

In the result, Revenue’s appeal is dismissed

ITA 478/KOL/2016[2010-2011]Status: DisposedITAT Kolkata27 Apr 2018AY 2010-2011

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

Section 115JSection 139(1)Section 143(3)Section 234C

139(1) of the Act. Thus, the Assessing Officer was of the view that the deduction on account of provision for leave encashment is not allowable to the assessee in pursuance to the provision of Sec. 43B(f) of the Act. on being confronted, assessee submitted that the impugned issue is covered in favor of assessee by the judgment

TATA METALIKS LTD.,KOLKATA vs. ITO,WD-3(2), KOLKATA, KOLKATA

In the result, Revenue’s appeal is dismissed

ITA 439/KOL/2016[2010-11]Status: DisposedITAT Kolkata27 Apr 2018AY 2010-11

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

Section 115JSection 139(1)Section 143(3)Section 234C

139(1) of the Act. Thus, the Assessing Officer was of the view that the deduction on account of provision for leave encashment is not allowable to the assessee in pursuance to the provision of Sec. 43B(f) of the Act. on being confronted, assessee submitted that the impugned issue is covered in favor of assessee by the judgment

D.C.I.T CIR - 2,KOLKATA, KOLKATA vs. M/S AMRI HOSPITAL LTD, KOLKATA

In the result, Revenue’s appeal is partly allowed for statistical purpose and that of assessee’s CO is allowed for statistical purpose

ITA 807/KOL/2013[2009-10]Status: DisposedITAT Kolkata22 Mar 2017AY 2009-10

Bench: Shri Aby.T Varkey & Shri Waseem Ahmed

Section 115JSection 143(3)

section 115JB of the Act. It immediately filed the CO on the advice of the consultant when it was received. In the aforesaid facts & circumstances we find that there is nothing to suggest any deliberate or intentional delay in filing the appeal to the Hon’ble ITAT. The assessee had nothing to gain by delaying the application. The assessee filed

D.C.I.T., CIRCLE-10, KOLKATA, KOLKATA vs. M/S VISHAL RETAIL LTD., NEW DELHI

In the result the appeal filed by the Revenue is partly allowed for statistical purposes

ITA 2627/KOL/2013[2008-2009]Status: DisposedITAT Kolkata15 Mar 2017AY 2008-2009

Bench: Sri Aby T.Varkeyand Shri Waseem Ahmed

Section 143(2)Section 143(3)Section 43B

4 of SEBI (disclose and investor protection) clause guidelines 2000. The ld DR in support of his claim has also submitted the copy of the order of Central Information Commission (CIC for short) wherein the CIC in complaint No. CIC/AT/C/2007/0216, 365, 462, 498,540,511 and complaint numbers CIC/AT/C/2008/ 172,342,655,487, Appeal No.CIC/AT/2007/0735,729,1370 and Appeal No. CIC/AT/A/2008/1420

D.C.I.T CC - V,KOLKATA, KOLKATA vs. SALSAR STOCK BROKING LTD, KOLKATA

In the result, all the appeals filed by the assesses are allowed

ITA 1082/KOL/2013[2009-10]Status: DisposedITAT Kolkata15 Apr 2016AY 2009-10

Bench: : Shri N.V.Vasudevan & Shri M. Balaganesh

For Appellant: Shri K.K. Chhaparia, FCA, ld.ARFor Respondent: Md. Ghayas Uddin Ansari, JCIT, ld. Sr.DR
Section 132(4)Section 153ASection 271ASection 73

depreciation of Rs. 22,28,085/-, the assessee furnished a loss return of Rs. 4,71,01,220/-. The assessment was completed u/s 153A / 143(3) of the Act on 11.5.2011 by treating the share trading loss as speculation loss in terms of Explanation to Section 73 of the Act and after making minor disallowances and determining total income

KESORAM INDUSTRIES LTD.,KOLKATA vs. DCIT, CIR-5, KOLKATA, KOLKATA

In the result the revenue’s appeals for A

ITA 1188/KOL/2016[2008-09]Status: DisposedITAT Kolkata26 Apr 2018AY 2008-09

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

Section 10(34)Section 143(3)Section 14ASection 250

depreciation. Ground No. 2 of the Revenue’s appeal is dismissed. 18. Ground No. 3 of the revenue’s appeal is against the action of the Ld. CIT(A) in accepting the assessee’s claim for considering the market value of electricity for the purpose of section 80IA to be the average landed cost of electricity at which the assessee

KESORAM INDUSTRIES LIMITED,KOLKATA vs. DCIT, CIRCLE-5(1), KOLKATA, KOLKATA

In the result the revenue’s appeals for A

ITA 505/KOL/2017[2009-10]Status: DisposedITAT Kolkata26 Apr 2018AY 2009-10

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

Section 10(34)Section 143(3)Section 14ASection 250

depreciation. Ground No. 2 of the Revenue’s appeal is dismissed. 18. Ground No. 3 of the revenue’s appeal is against the action of the Ld. CIT(A) in accepting the assessee’s claim for considering the market value of electricity for the purpose of section 80IA to be the average landed cost of electricity at which the assessee

D.C.I.T CIR - 5,KOLKATA, KOLKATA vs. M/S KESORAM INDUSTRIES LIMITED, KOLKATA

In the result the revenue’s appeals for A

ITA 1995/KOL/2013[2009-10]Status: DisposedITAT Kolkata26 Apr 2018AY 2009-10

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

Section 10(34)Section 143(3)Section 14ASection 250

depreciation. Ground No. 2 of the Revenue’s appeal is dismissed. 18. Ground No. 3 of the revenue’s appeal is against the action of the Ld. CIT(A) in accepting the assessee’s claim for considering the market value of electricity for the purpose of section 80IA to be the average landed cost of electricity at which the assessee

ACIT, CIRCLE-5, KOLKATA, KOLKATA vs. M/S KESORAM INDUSTRIES. LTD, KOLKATA

In the result the revenue’s appeals for A

ITA 1722/KOL/2012[2008-2009]Status: DisposedITAT Kolkata26 Apr 2018AY 2008-2009

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

Section 10(34)Section 143(3)Section 14ASection 250

depreciation. Ground No. 2 of the Revenue’s appeal is dismissed. 18. Ground No. 3 of the revenue’s appeal is against the action of the Ld. CIT(A) in accepting the assessee’s claim for considering the market value of electricity for the purpose of section 80IA to be the average landed cost of electricity at which the assessee