DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. SMT. ANJU A. SARAF, NAGPUR

In the result, all the appeals of the revenue, cross objections of the assessee are dismissed and appeals filed by the assessee are allowed

Bench: Shrisandeepgosain & Shriarunkhodpia

additional depreciation has been squarely decided by Hon’ble Bombay High court in assessee’s 14 Smt. AanjuSaraf sister concern’s case in M/s. R.B. Seth, Shriram Narsingdas v/s CIT, vide Income

SMT. ANJU SARAF,,NAGPUR vs. A,C.I.T CENT CIR. 2(2), NAGPUR

In the result, all the appeals of the revenue, cross objections of the assessee are dismissed and appeals filed by the assessee are allowed

Bench: Shrisandeepgosain & Shriarunkhodpia

additional depreciation has been squarely decided by Hon’ble Bombay High court in assessee’s 14 Smt. AanjuSaraf sister concern’s case in M/s. R.B. Seth, Shriram Narsingdas v/s CIT, vide Income

DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. SMT. ANJU SARAF, NAGPUR

In the result, all the appeals of the revenue, cross objections of the assessee are dismissed and appeals filed by the assessee are allowed

Bench: Shrisandeepgosain & Shriarunkhodpia

additional depreciation has been squarely decided by Hon’ble Bombay High court in assessee’s 14 Smt. AanjuSaraf sister concern’s case in M/s. R.B. Seth, Shriram Narsingdas v/s CIT, vide Income

SMT. ANJU SARAF,,NAGPUR vs. A,C.I.T CENT CIR. 2(2), NAGPUR

In the result, all the appeals of the revenue, cross objections of the assessee are dismissed and appeals filed by the assessee are allowed

Bench: Shrisandeepgosain & Shriarunkhodpia

additional depreciation has been squarely decided by Hon’ble Bombay High court in assessee’s 14 Smt. AanjuSaraf sister concern’s case in M/s. R.B. Seth, Shriram Narsingdas v/s CIT, vide Income

DY. COMMISSIONER OF INCOME TAX- CENTRAL-CIRCLE-2 (1), NAGPUR, NAGPUR vs. JAYMAHAKALI SHIKSHAN SANSTHA, WARDHA

In the result, Revenue’s appeal for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

depreciation cannot be allowed as deduction as per the provision of section 11(6) of I.T. Act as double application of income. 2. On the fact and in the circumstances of the case, the Ld. CIT(A) erred in considering the addition

DY. COMMISSIONER OF INCOME TAX- CENTRAL-CIRCLE-2(1), NAGPUR, NAGPUR vs. JAYMAHAKALI SHIKSHAN SANSTHA, WARDHA

In the result, Revenue’s appeal for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

depreciation cannot be allowed as deduction as per the provision of section 11(6) of I.T. Act as double application of income. 2. On the fact and in the circumstances of the case, the Ld. CIT(A) erred in considering the addition

DY. COMMISSIONER OF INCOME TAX- CENTRAL-CIRCLE-2(1), NAGPUR, NAGPUR vs. JAYMAHAKALI SHIKSHAN SANSTHA, WARDHA

In the result, Revenue’s appeal for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

depreciation cannot be allowed as deduction as per the provision of section 11(6) of I.T. Act as double application of income. 2. On the fact and in the circumstances of the case, the Ld. CIT(A) erred in considering the addition

ZIM LABORATORIES LIMITED ,NAGPUR vs. PR. CIT (CENTRAL), NAGPUR

In the result, appeal of the assessee is partly allowed in terms of our aforesaid observations

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकर अपील सं. / Ita No. 99/Nag/2018 "नधा"रण वष" / Assessment Year : 2011-12 Zim Laboratories Ltd. Ground Floor, Sadodaya Gyan, Nelson Square, Opp. Nadt, Nagpur-440 013. Pan : Aaacz0200E .......अपीलाथ" / Appellant बनाम / V/S. The Pr. Commissioner Of Income Tax (Central) Nagpur. ……""यथ" / Respondent

additional depreciation on fixed assets holding that the party from whom the said asset was purchased is not genuine. On the facts and 3 Zim Laboratories Limited Vs. Pr. CIT circumstances of the case, the Pr. CIT erred in disregarding all the documentary evidences and explanations furnished in support of genuineness of party and purchase of asset. 3. That

R.B.SETH SHREERAM NARSINGHDAS,NAGPUR vs. A.C.I.T. CENTRAL CIR. 2(3), NAGPUR

In the result, appeal of the assessee is partly allowed for statistical purposes

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No.196/Nag/2015 ननिाारण वषा / Assessment Year : 2011-12 R.B. Seth Shreeram Narsingdas, C/O. Ajay Saraf, C-2, Yogeshwar Ganga Apartments, Ramdaspeth, Nagpur-10. Pan : Aacfr0227N .......अऩीऱाथी / Appellant बनाम / V/S.

Income Tax Act, 1961. Therefore, the Ld. CIT(Appeals) upheld the addition made by the Assessing Officer. 8. At the time of hearing through video conference, the Ld. AR of the assessee invited our attention at Page 47 of the paper book and referred to the decision of the Co-ordinate Bench of the Tribunal, Nagpur in assessee

A,C.I.T. CENTRAL CIR.- 2(2), NAGPUR vs. SHRI DHARAMPAL R.AGRAWAL, NAGPUR

In the result, Revenue's appeal being ITA no

income, amounting\nRs. 1,61,800/-.\n3. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the disallowance made u/s 40(A)(2)(b) of Rs. 37,05,109/- .\n4. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the addition made

DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. M/S SHREE AGRAWAL FINANCE INDIA P. LTD.,, NAGPUR

In the result, Revenue's appeal being ITA no

income, amounting\nRs. 1,61,800/-.\n3. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the disallowance made u/s 40(A)(2)(b) of Rs. 37,05,109/- .\n4. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the addition made

DEENDAYAL SEVA PRATISHTHAN,YAVATMAL vs. ITO WARD-4, EXEMPTION, NAGPUR

In the result, assessee’s appeal stands allowed for statistical purposes

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

depreciation has remained to be added back, and as such, this leads to double deduction. On 25/11/2020, the assessee filed Form no.9A, intimating carry forward of income. Due to this peculiar double deduction, furnishing of Form no.9A, by the assessee was with a view to carry forward of income amounting to ` 14 lakh. After realizing the mistake of non-addition

DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. M/S SHREE AGRAWAL FINANCE INDIA P. LTD.,, NAGPUR

In the result, Revenue's appeal being ITA no

income, amounting\nRs. 1,61,800/-.\n3. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the disallowance made u/s 40(A)(2)(b) of Rs. 37,05,109/- .\n4. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the addition made

DY. C.I.T. CENTRAL CIR2(2), NAGPUR vs. M/S SHREE AGRAWAL COAL INDIA PVT. LTD.,, NAGPUR

In the result, Revenue’s appeal being ITA no

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

income, amounting Rs. 1,61,800/-. 3. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the disallowance made u/s 40(A)(2)(b) of Rs. 37,05,109/- . 4. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the addition made

A,C.I.T. CENTRAL CIR.- 2(2), NAGPUR vs. SHRI DHARAMPAL R.AGRAWAL, NAGPUR

In the result, Revenue’s appeal being ITA no

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

income, amounting Rs. 1,61,800/-. 3. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the disallowance made u/s 40(A)(2)(b) of Rs. 37,05,109/- . 4. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the addition made

DY. C.I.T. CENTRAL CIR2(2), NAGPUR vs. M/S SHREE AGRAWAL COAL INDIA PVT. LTD.,, NAGPUR

In the result, Revenue's appeal being ITA no

income, amounting\nRs. 1,61,800/-.\n3. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the disallowance made u/s 40(A)(2)(b) of Rs. 37,05,109/- .\n4. On the facts and circumstances of the case, the learned CIT(A) has erred in\ndeleting the addition made

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4,, NAGPUR vs. SONU MONU AGRO PRIVATE LIMITED, NAGPUR

In the result, Department's appeal stands dismissed

addition made by the AO. The AO treated the income from mushroom cultivation as business income, while the assessee claimed it as agricultural income. The assessee company was engaged in various activities including mushroom cultivation, and claimed composite expenses and depreciation

ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal for the A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

depreciation, it clearly indicates the addition is made with the prejudice and unlawful way and therefore needs to be deleted. 18. Further not withstanding anything mentioned in above para, even otherwise, if the expenses on purchase of machines are disallowed, it would ultimately result in increase in gross total income