ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA GLOBAL RESOURCES LTD(EAELIER KNOWN AS GUPTA COALFIELDS & WASHHERIES LTD), NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASSTT.C,I,.T, CENTRAL CIR, -2(3), NAGPUR vs. M/S GUPTA COALFIELDS & WASHERIES LTD., NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASTT.COMMISSIONER OF INCOME TAX,CENTRAL CIR 2(3) R, NAGPUR vs. M GUPTA COALFIELDS & WASHERIES LTD., NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA GLOBAL RESOURCES LTD(EAELIER KNOWN AS GUPTA COALFIELDS & WASHHERIES LTD), NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

depreciation of Rs.18,76,595/- on approach road and depreciation of Rs.6,95,625/- on railway siding. The assessee

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 of Rs.5,57,40,754/- when the claim of depreciation on assets, already applied against the receipts

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 of Rs.5,57,40,754/- when the claim of depreciation on assets, already applied against the receipts

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 of Rs.5,57,40,754/- when the claim of depreciation on assets, already applied against the receipts

LEBEN LABORATORIES PVT. LTD.,AKOLA vs. ACIT, AKOLA CIRCLE, AKOLA

In the result the appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Jm & Shri Arun Khodpia, Am Assessment Year: 2013-14 M/S. Leben Laboratories Pvt. Ltd. Vs. The Acit L-4, Phase-Iii, Midc Akola Circle Akola – 444 104 Akola Pan No.:Aaacl 2524 M Appellant Respondent Assessee By: Shri S.C. Thakar, Adv. Shri Rachit S. Thakar, Adv. Revenue By :Smt. Agnes P Thomas (Cit-Dr) Date Of Hearing: 28/04/2022 Date Of Pronouncement: 8 /6 /2022 Order Per: Sandeep Gosain, J.M. This Is An Appeal Filed By The Assessee Against The Order Of The Ld. Cit(A)- 1, Nagpur Dated 17-02-2017 For The Assessment Year 2013-14 Wherein The Assessee Has Raised The Following Grounds.

depreciation at 50% of it’s cost of Rs.60,82,274/- i.e. it claimed depreciation of Rs.30,41,138/-. During

ASSTT. COMMISSIONER OF INCOME TAX.CIRCLE-7, NAGPUR vs. M/S BALLARPUR INDUSTRIES LTD., GURGAON

Bench: Shri Shamim Yahya (Am) & Shri Ram Lal Negi (Jm) Assessment Year: 2008-09 The Acit, Circle-7, M/S Ballarpur Industries Ltd., Room No. 521, 5Th Floor, First India Palace, Gurgao Road, Mecl Building, Haryana Nagpur Vs. Pan : Aaacb5343E

depreciation on Aircraft @ 40%. In the first appeal, the Ld. CIT (A) allowed the depreciation @ 40% on aircraft

ECONOMIC EXPLOSIVES LIMITED,NAGPUR vs. NATIONAL E ASSESSMENT CENTRE, NEW DELHI

In the result, appeal for the assessment year 2018–19 filed by the assessee is partly allowed

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

depreciable assets. It can be seen that the government grant related to depreciable and non- depreciable assets

ECONOMIC EXPLOSIVES LIMITED,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 1 (2), NAGPUR

In the result, appeal for the assessment year 2018–19 filed by the assessee is partly allowed

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

depreciable assets. It can be seen that the government grant related to depreciable and non- depreciable assets

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

In the result, Department's appeal stands dismissed

depreciation against agricultural income from production of mushroom and the proportionate percentage of depreciation of Rs. 4,20.23.114/- and the expenses

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

depreciation including additional depreciation claimed u/s. 32(1)(iia) of the Act was called for in its hands