TECHNO SHARES & STOCKS LTD,MUMBAI vs. ADDL CIT RG 4(2), MUMBAI

In the result, the appeal of assessee is allowed

Bench: Shri G.S. Pannu() : A.Y : 2008-09

43C." These sections include, inter alia, deduction of depreciation under section 32 and deduction regarding expenditure on scientific research in the manner

KJMC CAPITAL MARKET SERVICES LTD,MUMBAI vs. DCIT 4(3), MUMBAI

In the result, appeal and cross objections of the assessee are allowed and the appeal of the Revenue is dismissed

Bench: Shri Rajesh Kumar & Shri Amarjit Singhassessment Year: 2008-09

43C." These sections include, inter alia, deduction of depreciation under section 32 and deduction regarding expenditure on scientific research in the manner

SHIVNARAYAN NEMANI SHARES & STOCK BROKERS P. LTD.,MUMBAI vs. D.C.I.T. CIRCLE 4(2), MUMBAI

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri M. Balaganesh, Am & Shri Amarjit Singh, Jm (Hearing Through Video Conferencing Mode) आयकर अपील सं/ I.T.A. No. 2522/Mum/2012 (निर्धारण वर्ा / Assessment Year: 2008-09) M/S. Shivnarayan Nemani बिधम/ Dcit, Circle-4(2) Shares & Stock Brokers P. Mumbai Vs. Ltd. 9/43, Bhupen Chambers, 2Nd Floor, Dalal Street Mumbai- 400023. स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aadcs3296C (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Assessee By: Shri Mayank Chauhan (Ar) Revenue By: Shri Rohit Kumar (Dr) सुनवाई की तारीख / Date Of Hearing: 07/09/2021 घोषणा की तारीख /Date Of Pronouncement: 08/10/2021 आदेश / O R D E R Per Amarjit Singh, Jm: The Assessee Has Filed The Present Appeal Against The Order Dated 20.01.2012 Passed By The Commissioner Of Income Tax (Appeals)-09, Mumbai [Hereinafter Referred To As The “Cit(A)”] Relevant To The A.Y. 2008-09. 2. The Assessee Has Raised The Following Grounds: - “1(A). On The Facts & In The Circumstances Of The Case & In Law, The Learned Commissioner Of Income-Tax(Appeals) Erred In Confirming The Disallowance Of Additional Amount Of Rs.2,98,258/- Under The Provisions Of Section 14A R.W.R. 8D Of The Income Tax Rules

43C." ITA. No.2522/Mum/2012 A.Y. 2008-09 These sections include, inter alia, deduction of depreciation under section 32 and deduction regarding

DCIT-2(3)(1), MUMBAI vs. KOTAK MAHINDRA BANK LTD, MUMBAI

43C(6)(c)\napply where the capital assets enters a block of asset as in case of the\nassessee. Thus, as per the section what is required to be reduced is money\nPage 11\nITA No. 3754/Mum/2023& ITA No. 4103/Mum/2023\nA.Y. 2019-20\nKotak Mahindra Bank Limited\npayable in respect of asset sold, discarded, demolished and\ndestroyed.There is no provisions

KOTAK MAHINDRA BANK LIMITED,MUMBAI vs. DCIT-3(2)(2), ASSESSMENT UNIT, INCOME TAX DEPT, MUMBAI

In the result, appeal of the Revenue is dismissed

43C(6)(c)\napply where the capital assets enters a block of asset as in case of the\nassessee. Thus, as per the section what is required to be reduced is money\npayable in respect of asset sold, discarded, demolished and\ndestroyed.There is no provisions in section 43(6) to state that if value as\nperstamp duty is higher than

KAMAL CLEARING AND FORWARDING AGENCY PRIVATE LIMITED,MUMBAI vs. INCOME TAX OFFICER, WARD 6(3)(3), , MUMBAI

Bench: MS. KAVITHA RAJAGOPAL (Judicial Member), SHRI OMKARESHWAR CHIDARA ( (Accountant Member)

43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

MAHESHWARI PRAGATI MANDAL,MUMBAI vs. COMMISSIONER OF INCOME TAX (APPEALS) INCOME TAX DEPARTMENT, MUMBAI

In the result, appeal filed by the assessee allowed

Bench: Shri Amit Shukla, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blemaheshwari Pragati Mandal V. Commissioner Of Income Tax (Appeals) National Faceless Appeal Centre 2Nd Floor Maheshwari Bhavan Delhi Girgaon Road, Kalbadevi Mumbai-400002 Pan: Aaatm0226G (Appellant) (Respondent)

43C. That section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

DCIT (E) 2(1), MUMBAI vs. MUMBAI EDUCATIONAL TRUST, MUMBAI

In the result, this appeal, filed by the revenue stand dismissed

43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

DCIT (E) 2(1), MUMBAI vs. MOHD HAJI SABOO SIDIK INSTITUTION, MUMBAI

Bench: Shri Joginder Singh & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No.7019/Mum/2016 (नििाारण वर्ा / Assessment Year: 2013-14) बिाम/ Dcit (E) 2(1) Mohd. Haji Saboo Sidik R.No 519, 5 T H Floor, Institution, Piramal Chamber, C/O. Anjuman I Islam, V. Lalbaug, Badruddin Tayabji Marg, Lower Parel, 92, Dr. D.N. Road, Mumbai-400013 Mumbai स्थायी ऱेखा सं./ Pan : Aabtm6917D (अपीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

DCIT (E) I(1), MUMBAI vs. D.Y PATIL SPORTS ACADEMY, MUMBAI

In the result, this appeal filed by the Revenue stands dismissed

Bench: Shri Shamim Yahya, Am & Shri Pawan Singh, Jm

43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

INCOME TAX OFFICER (E)-2(3), MUMBAI vs. MAHAVIRA JAIN VIDYALAYA, MUMBAI

In the result the appeal filed by the revenue is dismissed

Bench: Shri Pawan Singh & Shri N.K. Pradhanincome Tax Officer (E)-2(3), M/S Shri Mahavira Jain Room No.513, 5Th Floor, Vidyalaya, Vs. Piramal Chambers, Lalbaug, 99/101, Shri Kvo Jain, Lower Parel, Mumbai-400022 Mahajanwadi, Keshavji Naik Road, Chinch Bunder, Sandhurst Road, Mumbai 400009 Pan:Aaats2075B Appellant Respondent Assessee By : Sh. K.F. Doshi-Ca (Ar) Revenue By : Sh. Satish Chandra Rajora (Sr-Dr) Date Of Hearing : 14.03.2019 Date Of Pronouncement : 20.03.2019

43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

ITO (E) 2(3), MUMBAI vs. SHREE MANAV SEVA SANGH, MUMBAI

In the result the appeal filed by the revenue is dismissed

Bench: Shri Pawan Singh & Shri N.K. Pradhanincome Tax Officer (E)-2(3), M/S Shree Manav Seva Sangh Room No.513, 5Th Floor, 255/257, Sion Main Road, Vs. Piramal Chambers, Lalbaug, Soin (West), Mumbai 400022 Lower Parel, Mumbai-400022 Pan:Aaats 1440Q Appellant Respondent Co No. 15/Mum/2019 In Ita No. 5551/Mum/20178 (A Y 2012-13) M/S Shree Manav Seva Sangh Income Tax Officer (E)-2(3), 255/257, Sion Main Road, Soin Room No.513, 5Th Floor, Vs. (West), Mumbai 400022 Piramal Chambers, Lalbaug, Pan:Aaats 1440Q Lower Parel, Mumbai-400022 Appellant Respondent Assessee By : Sh. Dinesh Shah & Shreya Doshi (Ar’S) Revenue By : Sh. Satish Chandra Rajora (Sr-Dr) Date Of Hearing : 14.03.2019 Date Of Pronouncement : 20.03.2019

43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

ITO (E) -I(1), MUMBAI vs. DR..D.Y PATIL SPORTS ACADEMY, MUMBAI

The appeals of the Revenue are dismissed

Bench: Shri Joginder Singh & Shri Ashwani Taneja

43C That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

DCIT (E) 2(1), MUMBAI vs. SOCIETY OF THE SERVANT OF THE HOLY SPIRIT, MUMBAI

The appeal of the Revenue is dismissed

Bench: Shri Joginder Singh & Shri Ashwani Tanejaassessment Year: 2008-09 Dcit(Exemption)-2(1), Society Of The Servant Of The 5Th Floor, Holy Spirit, बनाम/ Piramal Chamber, Holy Spirit Hospital, Vs. Lalbaug, Parel, Mahakali Caves Road, Mumbai-400012 Andheri (E), Mumbai-400092 Pan. No. Aaaas0148J (राज"व /Revenue) ("नधा"रती /Assessee)

43C That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

DCIT (E) 2(1), NAVI MUMBAI vs. PADMASHREE DR.D.Y. PATIL UNIVERSITY, MUMBAI

In the result, appeal of the Revenue is dismissed

Bench: Shri R.C.Sharma, Am Dcit (E) 2 (1), Navi Mumbai Vs. Padmashree Dr. D.Y. Patil 5 Th – 400 706 University, R.No.519, Floor, Piramal Chamber, Lalbaug, Lower Parel, Mumbai – 400 077 Pan/Gir No. Appellant) Respondent) ..

43C, That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

ACIT(E) 2(1), MUMBAI vs. PADMSHREE DR D.Y. PATIL UNIVERSITY, NAVI MUMBAI

In the result, appeal of the Revenue is dismissed

Bench: Shri C.N. Prasad & Shri Ramit Kochar

43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee

DR. D. Y. PATIL VIDYAPEETH SOCIETY,PUNE vs. JT. CIT (OSD) CENTRAL CIRCLE-7(3), MUMBAI

In the result, appeals for the A

Bench: Shri Mahavir Singh & Shri S. Rifaur Rahman

43C. That, section 32(1) of the Act provides for depreciatior, in respect of building, plant and machinery owned by the assessee and used for business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument, as in the present case, was advanced on behalf of the revenue, namely, that depreciation

DR. D. Y. PATIL VIDYAPEETH SOCIETY,PUNE vs. JT. CIT (OSD) CENTRAL CIRCLE-7(3), MUMBAI

In the result, appeals for the A

Bench: Shri Mahavir Singh & Shri S. Rifaur Rahman

43C. That, section 32(1) of the Act provides for depreciatior, in respect of building, plant and machinery owned by the assessee and used for business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument, as in the present case, was advanced on behalf of the revenue, namely, that depreciation

DR. D. Y. PATIL VIDYAPEETH SOCIETY,PUNE vs. JT. CIT (OSD), CENTRAL CIRCLE-7(1), MUMBAI

In the result, appeals for the A

Bench: Shri Mahavir Singh & Shri S. Rifaur Rahman

43C. That, section 32(1) of the Act provides for depreciatior, in respect of building, plant and machinery owned by the assessee and used for business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument, as in the present case, was advanced on behalf of the revenue, namely, that depreciation