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2 results for “depreciation”+ Section 194Aclear

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Key Topics

Section 143(3)16Section 2638Addition to Income2Revision u/s 2632

U.P SAMAJ KALYAN NIRMAN NIGAM LIMITED (NOW KNOWN AS U.P STATE CONSTRUCTION AND INFRASTRUCTURE DEVELOPMENT CORPORATION LTD.),LUCKNOW vs. PRINCIPAL COMMISSIONER OF INCOME TAX-2, LUCKNOW

ITA 67/LKW/2016[2011-12]Status: DisposedITAT Lucknow28 Nov 2025AY 2011-12
Section 143(3)Section 2Section 263

depreciation as shown in\nthe audit report. The contention that the AO should have made\nenquiry/verification on these items while passing the impugned order raises the\nquestion as to how these finding was arrived and basis for issuing notice u/s\n263.\nHowever, in the impugned order, the Ld. PCIT has neither discussed nor\nrebutted the appellant's reply

DEPUTY COMMISSIONER OF INCOME TAX-6, LUCKNOW vs. M/S. U.P. STATE CONSTRUCTION & INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED, LUCKNOW

ITA 617/LKW/2019[2014-15]Status: DisposedITAT Lucknow28 Nov 2025AY 2014-15

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria

Section 143Section 143(3)Section 251Section 263

194A of the Income Tax Act, TDS is not deductible on savings bank interest because balance in the savings bank account is not treated as security but the provision of this section applies only to the interest earned on FDR's which is treated as security on which TDS is deducted by bank. The same accounting policy; and practice