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1 result for “depreciation”+ Section 269Tclear

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Ahmedabad10Visakhapatnam9Jaipur7Pune4Lucknow3Mumbai2Chandigarh2Delhi2Bangalore1Indore1Jabalpur1Kolkata1

SRI. BIJOY SHRIBASTAB, PROP. ISHA ENTERPRISE.,DURGAPUR vs. I.T.O, WARD-2(4), DURGAPUR (PREVIOUSLY I.T.O,WD-1(3)/DGP)., DURGAPUR

In the result, the appeal of the assessee is partly allowed

ITA 605/KOL/2013[2008-09]Status: DisposedITAT Kolkata23 May 2018AY 2008-09

Bench: Hon’Ble Shri A.T.Varkey, Jm & Shri M.Balaganesh, Am] I.T.A No. 605/Kol/2013 Assessment Year : 2009-10

For Appellant: Shri Arvind Agarwal, AdvocateFor Respondent: Shri Saurabh Kumar, Addl. CIT, Sr.DR
Section 143(3)Section 44A

depreciation, loan receipt and gift receipts of the assessee apart from separately adding the repayment of loan to sundaram finance ltd made by the assessee in cash out of withdrawals from the said bank accounts. The total addition made on this account was Rs 24,30,074/-. Hence the assessment was completed by the ld AO by making total addition