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8 results for “depreciation”+ Section 12A(1)(ba)clear

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Bangalore10Mumbai8Pune6Jaipur4Delhi4Hyderabad2Chennai2Jodhpur1Patna1

Key Topics

Section 1958Section 117Deduction7Section 406Depreciation6Section 143(3)5Section 1474Set Off of Losses3Carry Forward of Losses3Exemption

ACIT 17(1), MUMBAI vs. ELVE CORPORATION, MUMBAI

ITA 3564/MUM/2015[2010-11]Status: DisposedITAT Mumbai25 Apr 2017AY 2010-11

Bench: Shri Joginder Singh & Shri Ramit Kochar

Section 195Section 195(2)Section 40

12A conditions for applicability of sections 11 and 12 are set out. Section 12AA sets out the procedure for registration. Section 13 states that section 11 will not apply in certain cases. By section 13A, special provision is made relating to incomes of political parties. Section 13B contains special After all this comes Chapter IV which is titled as Computation

ACIT 17(1), MUMBAI vs. ELVE CORPORATION, MUMBAI

ITA 3565/MUM/2015[2011-12]Status: DisposedITAT Mumbai25 Apr 2017AY 2011-12

Bench: Shri Joginder Singh & Shri Ramit Kochar

3
Reopening of Assessment3
Section 322
Section 195Section 195(2)Section 40

12A conditions for applicability of sections 11 and 12 are set out. Section 12AA sets out the procedure for registration. Section 13 states that section 11 will not apply in certain cases. By section 13A, special provision is made relating to incomes of political parties. Section 13B contains special After all this comes Chapter IV which is titled as Computation

LANDMARK EDUCATION INDIA,MUMBAI vs. ITO (E) II (1), MUMBAI

The appeal of the assessee is allowed

ITA 4871/MUM/2014[2008-09]Status: DisposedITAT Mumbai09 Oct 2018AY 2008-09

Bench: Shri Joginder Singh & Shri G. Manjunathaassessment Year 2008-09 Landmark Education India, Income Tax Officer B-206, Bhaveshwar Plaza, (Exemption)-Ii(1), बनाम/ Lbs Marg, Ghatkopar (W), Piramal Chambers, Vs. Mumbai 400086 Lalbaug, Parel, Mumbai-400012 ("नधा"रती /Assessee) (राज"व /Revenue) P.A. No. Aaatl0059L

Section 11Section 139Section 142Section 143Section 143(3)Section 147Section 148

ba) where the assessee has failed to furnish a report in respect of any international transaction which he was so required under section 92E; (c) where an assessment has been made, but— (i) income chargeable to tax has been underassessed ; or (ii) such income has been assessed at too low a rate ; or (iii) such income has been made

DDIT (E) I (2), MUMBAI vs. SAYAJI U-BA KHIN MEMORIAL TRUST, MUMBAI

Appeal of the Assessee is hereby allowed and appeal of the Revenue is hereby dismissed

ITA 2797/MUM/2014[2005-06]Status: DisposedITAT Mumbai31 May 2016AY 2005-06

Bench: S/Shri B.R.Baskaran & Amarjit Singhआयकर अपील सं/ I.T.A. No.1708/M/14 ("नधा"रण वष" / Assessment Year: 2005-06) Sayaji-U-Ba Khin Memorial The Asstt. Director Of बनाम/ Trust Income Tax (Exempt) 1(2) Vs. 2Nd Floor, Green House, Room No.504, Green Street, Fort, Piramal Chambers, Lalbaug, Mumbai-400023 Parel, Mumbai - 400012 आयकर अपील सं/ I.T.A. No. 2797/M/14 ("नधा"रण वष" / Assessment Year: 2005-06) The Asstt. Director Of Sayaji-U-Ba Khin Memorial बनाम/ Income Tax (Exempt) 1(2) Trust Vs. Room No.504, 2Nd Floor, Green House, Piramal Chambers, Lalbaug, Green Street, Fort, Parel, Mumbai-400023 Mumbai - 400012 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatt0114E

For Appellant: Shri Niraj Sheth & RajnikantFor Respondent: Shri Chandrajit Singh
Section 143(3)Section 147

Ba Khin Memorial बनाम/ Income Tax (Exempt) 1(2) Trust Vs. Room No.504, 2nd Floor, Green House, Piramal Chambers, Lalbaug, Green Street, Fort, Parel, Mumbai-400023 Mumbai - 400012 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAATT0114E .. (अपीलाथ" /Appellant) (""यथ" / Respondent) Assessee by: Shri Niraj Sheth & Rajnikant Chaniyari Department by: Shri Chandrajit Singh सुनवाई क" तार"ख / Date of Hearing

SAYAJI-U BA KHIN MEMORIAL TRUST,MUMBAI vs. ASST DIT (E) 1(2), MUMBAI

Appeal of the Assessee is hereby allowed and appeal of the Revenue is hereby dismissed

ITA 1708/MUM/2014[2005-06]Status: DisposedITAT Mumbai31 May 2016AY 2005-06

Bench: S/Shri B.R.Baskaran & Amarjit Singhआयकर अपील सं/ I.T.A. No.1708/M/14 ("नधा"रण वष" / Assessment Year: 2005-06) Sayaji-U-Ba Khin Memorial The Asstt. Director Of बनाम/ Trust Income Tax (Exempt) 1(2) Vs. 2Nd Floor, Green House, Room No.504, Green Street, Fort, Piramal Chambers, Lalbaug, Mumbai-400023 Parel, Mumbai - 400012 आयकर अपील सं/ I.T.A. No. 2797/M/14 ("नधा"रण वष" / Assessment Year: 2005-06) The Asstt. Director Of Sayaji-U-Ba Khin Memorial बनाम/ Income Tax (Exempt) 1(2) Trust Vs. Room No.504, 2Nd Floor, Green House, Piramal Chambers, Lalbaug, Green Street, Fort, Parel, Mumbai-400023 Mumbai - 400012 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatt0114E

For Appellant: Shri Niraj Sheth & RajnikantFor Respondent: Shri Chandrajit Singh
Section 143(3)Section 147

Ba Khin Memorial बनाम/ Income Tax (Exempt) 1(2) Trust Vs. Room No.504, 2nd Floor, Green House, Piramal Chambers, Lalbaug, Green Street, Fort, Parel, Mumbai-400023 Mumbai - 400012 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAATT0114E .. (अपीलाथ" /Appellant) (""यथ" / Respondent) Assessee by: Shri Niraj Sheth & Rajnikant Chaniyari Department by: Shri Chandrajit Singh सुनवाई क" तार"ख / Date of Hearing

ITO (EXEMPTION)-2(3) MUMBAI, MUMBAI vs. SAYAJI-U-BA KHIN MEMORIAL TRUST, MUMBAI

In the result, appeal filed by the revenue is dismissed

ITA 5883/MUM/2016[2010-11]Status: DisposedITAT Mumbai21 Mar 2018AY 2010-11

Bench: Shri Mahavir Singh () & Shri G Manjunatha ()

Section 11Section 11(1)Section 12ASection 143(3)Section 32

Ba Khin Memorial Trust 2nd Floor, Green House, Green Street, Fort, Mumbai 400 023 PAN : AAATT0114E Appellant by Shri Rajat Mittal Revenue by Shri Rajnikant Chemiyari Date of hearing 13-03-2018 Date of pronouncement 21-03-2018 O R D E R Per G Manjunatha, AM : This appeal filed by the revenue is directed against the order

VIPASSANA RESEARCH INSTITUTE,MUMBAI vs. ITO (EXEMPTION) - 2(4), MUMBAI

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

ITA 2532/MUM/2018[2012-13]Status: DisposedITAT Mumbai15 Nov 2019AY 2012-13

Bench: Shri. Vikas Awasthy & Shri G. Manjunathavipassana Research Institute Vs. Ito(Exemptions)-2(4) 2Nd Floor, Green House Piramal Chambers Green Street, Fort Lalbaug, Parel Mumbai-400 023 Mumbai-400 012 Pan/Gir No.Aaatv1217E (Appellant) .. (Respondent)

Section 10(34)Section 10(35)Section 11Section 11(1)(a)Section 12ASection 43

12A of the I.T.Act 1961. The assessee has filed its return of income for AY 2012-13 on 30/09/2012, declaring total deficit at Rs. 97,47,021/-. The case was selected for scrutiny and during the course of assessment proceedings, the Ld. AO noticed that the assesse has claimed depreciation on assets, which have been claimed as application of income

ITO (EXEMPTION)-2(3) MUMBAI, MUMBAI vs. SAYAJI-U-BA KHIN MEMORIAL TRUST, MUMBAI

In the result, appeal of the Revenue is dismissed

ITA 5884/MUM/2016[2011-12]Status: DisposedITAT Mumbai30 Nov 2017AY 2011-12

Bench: Shri G.S. Pannu & Shri Pawan Singh: A.Y : 2011-12

For Appellant: Shri Suman KumarFor Respondent: Shri Rajnikant V. Chaniyari
Section 11Section 143(3)Section 32

1. Whether on the facts of the case and in law the ld.CIT(A) erred in allowing the appeal of the assessee on account of disallowing depreciation on fixed assets of Rs.80,55,519/- in contravention of the decision of Escorts Ltd. Vs. UOI 199 ITR 43 wherein it was held that since section 11 of the Income