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5 results for “depreciation”+ Section 234Aclear

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Key Topics

Section 234A6Section 143(1)5Addition to Income5Section 684Section 404Depreciation4Disallowance3Section 44A2Section 2502Section 143

M/S SANJAY SHANKARRAO JADHAO,AMRAVATI vs. JIOINT C.I.T. AMRAVATI RANGE,, AMRAVATI

In the result, assessee’s appeal stands allowed

ITA 66/NAG/2017[2011-12]Status: DisposedITAT Nagpur23 Apr 2018AY 2011-12

Bench: Shri Shamim Yahya & Shri Ram Lal Negi

For Appellant: Shri K.P. DewaniFor Respondent: Shri Gitesh Kumar
Section 234ASection 54B

section 234A, 234B and 234C of l.T Act 1961 is unjustified, unwarranted and excessive. 2. Apropos ground relating to disallowance of claim of ` 2,88,986 on plant and machinery. 3. The assessee, in this case, is a proprietor of several businesses. The Assessing Officer, during the course of assessment proceedings, noted that in case of one of its business

JEETENDRA CHANDRAKANT NAYAK,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOM TAX(OSD), NAGPUR

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

2
Section 54F2
TDS2
ITA 368/NAG/2023[2015-2016]Status: DisposedITAT Nagpur27 Jun 2024AY 2015-2016

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

For Appellant: Shri M.G.Moryani, AdvocateFor Respondent: Shri Rajat Singhai, Sr. DR
Section 143(3)Section 234ASection 250Section 54F

234A, 234B and 234C of the Income Tax Act is unjustified, unwarranted and excessive. Shri Jeetendra Chandrakant Nayak vs. ACIT (OSD) ITA no. 368/Nag./2023 7] The assessee craves leave to amend, add or take a new ground or grounds at the time of hearing.” 3. The facts of the case of the assessee as culled out from the Assessment

RAGHAV AGRITECH,NAGPUR vs. ITO WARD 3(4), NAGPUR

In the result, appeal filed by the assessee is allowed

ITA 182/NAG/2024[2019-20]Status: DisposedITAT Nagpur18 Nov 2024AY 2019-20

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

For Appellant: NoneFor Respondent: Shri Vijay Agrawal
Section 139Section 143Section 143(1)Section 194CSection 1aSection 234ASection 40

234A, 234b and 234C of the act. 7. The appellant craves leave to add or amend any ground of appeal with the permission of the Hon'ble members.” 4. Facts in Brief:– The assessee is engaged in the business of manufacturing of all types of Agriculture Shed Net and is regular in filing its return of income which has been

DREAMZ INFRASTRUCTURE ,AMRAVATI vs. NATIONAL E-ASSESSMENT CENTRE, DELHI

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

ITA 48/NAG/2023[2018-19]Status: DisposedITAT Nagpur15 May 2024AY 2018-19

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

For Appellant: Shri K.P. DewaniFor Respondent: Shri Kailash C. Kanojiya
Section 144Section 234ASection 250Section 44ASection 68

depreciation as per Income Tax Act. The addition made by AO is without affording any opportunity to the assessee. The same be deleted. 3. That the C.I.T. (Appeals) erred in confirming the disallowance of Rs. 80,69,310/- at 5% on the allegation that amount is spent in respect of land contribution by 7 partners is unjust. In fact

SHRI MAHESH DEVDUTTA GUPTA,,NAGPUR vs. ACIT, CENTRAL CIRCLE- 2(3),, NAGPUR

In the result, the addition so made is directed to be deleted and the ground of appeal is allowed

ITA 143/NAG/2017[2005-06]Status: DisposedITAT Nagpur10 Jun 2022AY 2005-06

Bench: Shri Vikram Singh Yadav & Shri Yogesh Kumar U.S

For Appellant: Shri Rajesh V.Loya, CAFor Respondent: Shri Vitthal Bhosale, JCIT
Section 68

depreciation of Car, Insurance, interest on car loan and conveyance as personal expenses. On the facts and in the circumstances of the case the action of the learned authorities is arbitrary and hence unjustified. Alternatively the disallowance is on higher side. 4 ITANo.143/Nag/2017 (9) That the learned CIT(A) erred in law and on facts in confirming and upholding