M/S. CRODA INDIA COMPANY PVT. LTD,MUMBAI vs. THE PR. COMM OF INCOME TAX, MUMBAI-6

In the result, the appeal of the assessee is allowed

depreciation under section 32(1)(i), made year after year, should not, in any event, exceed the actual cost of the assets to the assessee [See : section 34(2)(i)]. The definition of "actual cost" is to be found in section 43(1) and the definition of "written down value" is to be found in section 43(6

THE SUPREME INDUSTRIES LIMITED,MUMBAI vs. ACIT LTU, MUMBAI

In the result, Revenue’s appeal is dismissed and assessee’s appeal is partly allowed

Bench: Shri Shamim Yahya & Shri Pawan Singh: A.Y : 2009-10

depreciation. 9. Now, assessee is claiming that the learned CIT(A) had held that Section 51 of the Act is not applicable and the Revenue has not appealed against the same. Further, assessee claims that Section 43(6

JSW STEEL LIMITED,MUMBAI vs. ADDLCIT, BANGALORE

858/M/2011

Bench: Shri Om Prakash Kant () & Shri Amarjit Singh () Assessment Year: 2007-08 Jsw Steel Limited, The Addl. Cit, Range 11, Jindal Mansion, 5A, Vs. Bangalore. Dr. G. Deshmukh Marg, Mumbai-400026. Pan No. Aaacj 4323 N Appellant Respondent Assessment Year: 2007-08 Dc. Cc.46, M/S Jsw Steel Ltd., R.No. 659, 6Th Floor, Aayakar Vs. Jindal Mansion, 5-A, Dr. G Bhavan, M.K. Road, Deshmukh Marg, Mumbai-20. Mumbai-400026. Pan No. Aaacj 4323 N Appellant Respondent Assessment Year: 2007-08 M/S Jsw Steel Ltd., Dcit, Central Circle 46, Jsw Centre, Bandra Kurla Vs. 6Th Flr., Aayakar Bhavan, M.K. Complex, Road, Mumbai-400051. Mumbai-400020. Pan No. Aaacj 4323 N Appellant Respondent

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

DCIT CC 8(3), MUMBAI vs. JSW STEELS LTD, MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

JSW STEELS LTD,MUMBAI vs. DCIT CC 8(3), MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

DCIT CC 8(3), MUMBAI vs. JSW STEELS LTD, MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

DCIT CC 8(3)(ERSTWHILE DCIT,CC-46, MUMBAI vs. JSW STEELS LTD, MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

JSW STEELS LTD,MUMBAI vs. DCIT CC 8(3), MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

JSW STEELS LTD,MUMBAI vs. DCIT CC 8(3), MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

JSW STEEL LIMITED,MUMBAI vs. ACIT,CC-46, MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

DCIT CC 8(3)(ERSTWHILE DCIT,CC-46, MUMBAI vs. JSW STEELS LTD, MUMBAI

Appeal of the revenue is partly allowed and appeal of the assessee is dismissed

depreciation in the hands of the amalgamated companies. Accordingly, it is necessary to read and comprehend as to why provision of section (3) to section 43(6

JEWELEX INDIA PRIAVTE LIMITED,MUMBAI vs. DCIT CIRCLE-14(1)(1), MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Shri Narender Kumar Choudhry & Shri Prabhash Shankarjewelex India Private V/S. Deputy Commissioner Of Limited बनाम Income Tax, Circle – 401 Trade Centre, Bandra 14(1)(1), Aayakar Bhavan, Kurla Complex, Bandra Maharishi Karve Marg, (East), Mumbai – 400 098, Mumbai – 400 020, Maharashtra Maharashtra स्थायी लेखा सं./जीआइआर सं./Pan/Gir No: Aabcj4523H Appellant/अपीलार्थी .. Respondent/प्रतिवादी

depreciation' but dispute is in respect of the term 'written down value'. In explanation 2 to section 32(1), it is mentioned that for the purpose of sub section, the 'written down value' of the block of the asset shall have the same meaning as in sub section (c) of clause 6 of section 43

ACIT - 4(2)(1), MUMBAI vs. PROGRESSIVE SHARE BROKERS PVT. LTD., MUMBAI

The appeal of the Revenue is dismissed

Bench: Shri Joginder Singh & Shri G. Manjunathaassessment Year: 2009-10 Acit-4(2)(1), M/S Progressive Share Room No.642, 6Th Floor, Brokers Pvt. Ltd. बनाम/ Aayakar Bhavan, B, 1St Floor, Fort Chambers, Vs. M. K. Road, Homi Modi Cross Street, Mumbai-400020 Off. Hamam Street, Fort, Mumbai-400001 (राज"व /Revenue) ("नधा"रती /Assessee) P.A. No.Aaacp6712H

depreciation and finance charges on the leased assets. In this regard, the Assessing Officer relied on the decision of the hon'ble Supreme Court in the case of Goetze (India) Ltd. v. CIT [2006] 284 ITR 323 (SC). 6 M/s Progressive Share Brokers Pvt. Ltd. 6. The learned Commissioner of Income-tax (Appeals) following his own decision in earlier year

M/S. DATAMATRIX TECHNOLOGIES PVT. LTD,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX 9(3)(1), MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Sri Mahavir Singh, Vp & Sri S Rifaur Rahman, Am आमकय अऩीर िं./ Ita No. 5358/Mum/2019 (ननधाायण वर्ा / Assessment Years 2016-17) Datamatrix Technologies Pvt. Ltd. The Acit 504, 5 Th Floor, Sai Arpan, P.G. Circle 9(3)(1), Vora Road, Next To P.G. Vora फनाभ/ Aayakar Bhavan M.K. Road, School, Mira Road (E), Thane- Mumbai-400 020 Vs. 401107 (अऩीराथी / Appellant) (प्रत्मथी/ Respondent) स्थामी रेखा िं./Pan No. Aaacg4096M अऩीराथी की ओय े/ Appellant By : Shri Vipul Joshi, Ar प्रत्मथी की ओय े/ Respondent By : Shri. V.Vidyadhar, Dr ुनवाई की तायीख / Date Of Hearing: 15.03.2021 घोर्णा की तायीख / Date Of Pronouncement: 15.03.2021

43(6)(c), the AO was permitted to reduce from the WDV of the block only the "monies payable." As per the explanation under sub section (4) of Section 41 the said expression means, "the price for which asset is sold". We find that in the present case factory building sold was part of the depreciable

DOW CHEMICALS INTERNATIONAL PRIVATE LIMITED ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TA-14(1)(2), MUMBAI

In the result, the appeal by the assessee for the

depreciation claim.", "result": "Allowed", "sections": [ "Section 32(1)(ii)", "Section 250", "Section 143(3)", "Section 143(1)", "Section 36(1)(va)", "Section 43(1)", "Section 43(6

ACIT - 14(2) (2), MUMBAI vs. PFIZER LTD, MUMBAI

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

Bench: Shri Prashant Maharishi, Am & Shri Rahul Chaudhary, Jm M/S Pfizer Limited The Capital, 1802/1901, Acit-14(2)(2) Plot No.C-70, G-Block, 461, 4T H Floor, Aaykar Bhavan Bandra Kurla Complex, Vs. Mumbai-400 020 Bandra (East), Mumbai-400 051 (Appellant) (Respondent) Pan No. Aaacp3334M

depreciation', in the case of any block of assets, is to be computed on the written down value. According to Explanation 2 of section 32(1) "written down value of the block of assets" shall have the same meaning as in section 43 (6

PFIZER LTD,MUMBAI vs. DCIT - 14(2) (2), MUMBAI

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

Bench: Shri Prashant Maharishi, Am & Shri Rahul Chaudhary, Jm M/S Pfizer Limited The Capital, 1802/1901, Acit-14(2)(2) Plot No.C-70, G-Block, 461, 4T H Floor, Aaykar Bhavan Bandra Kurla Complex, Vs. Mumbai-400 020 Bandra (East), Mumbai-400 051 (Appellant) (Respondent) Pan No. Aaacp3334M

depreciation', in the case of any block of assets, is to be computed on the written down value. According to Explanation 2 of section 32(1) "written down value of the block of assets" shall have the same meaning as in section 43 (6

AMIT BHOLANATH MISHRA,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 22(1), MUMBAI, MUMBAI

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

Bench: Shri Amit Shukla & Shri Makarand Vasant Mahadeokaramit Bholanath Mishra Acit Circle 22(1), 502, Heena Elegance, Piramal Chamber, Saibaba Nagar, Borivali Vs. Lal Baug, Parel, (West), Mumbai-400 092 Mumbai-400 012 Pan/Gir No. Aampm3121G (Applicant) (Respondent) Assessee By Shri Rakesh Joshi, Ld. Ar Revenue By Shri Surendra Mohan, Ld. Dr Date Of Hearing 14.01.2026 Date Of Pronouncement 19.01.2026

depreciation and opening WDV by invoking the provisions of Explanation 6 to section 43(6) of the Act. However, 5 Amit