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3 results for “depreciation”+ Section 92Bclear

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Mumbai198Delhi187Bangalore76Ahmedabad57Kolkata47Chennai30Hyderabad16Chandigarh12Pune6Surat5Indore4Karnataka4Nagpur3Guwahati3Jaipur2Cochin2Jabalpur1

Key Topics

Section 2513Deduction3Disallowance3Comparables/TP3

DY. C.I.T. CIR-.5, NAGPUR vs. M/S AVANTHA HOLDINGS LTD.,, CHANDRAPUR

In the result, appeal filed by the assessee is dismissed

ITA 248/NAG/2016[2011-12]Status: DisposedITAT Nagpur04 Apr 2025AY 2011-12
For Appellant: Shri Kishore P. DewaniFor Respondent: Shri Sandipkumar Salunke
Section 251

depreciation @ 40% on the cost of aircraft. Addition made by A.O. at Rs.33.82 crores is held to be unjustified and is directed to be deleted.\n15. Since the present issue is covered by the judgment of the Hon'ble Delhi High Court in CIT v/s SRC Aviation Pvt. Ltd., [2013] 37 taxmann.com 308 (Del.) and the Co-ordinate Bench decision

AVANTHA HOLDINGS LIMITED,NEW DELHI vs. A.C.I.T. CIR-5,, NAGPUR

In the result, appeal filed by the assessee is dismissed

ITA 45/NAG/2016[2011-12]Status: DisposedITAT Nagpur04 Apr 2025
AY 2011-12
For Appellant: Shri Kishore P. DewaniFor Respondent: Shri Sandipkumar Salunke
Section 251

depreciation @ 40% on the cost of aircraft. Addition made by A.O. at Rs.33.82 crores is held to be unjustified and is directed to be deleted.\"\n15. Since the present issue is covered by the judgment of the Hon'ble Delhi High Court in CIT v/s SRC Aviation Pvt. Ltd., [2013] 37 taxmann.com 308 (Del.) and the Co-ordinate Bench decision

DEPUTY COMMISSIONER OF INCOME TAX, NAGPUR vs. AVANTHA HOLDINGS LIMITED, CHANDRAPUR

In the result, appeal filed by the assessee is dismissed

ITA 354/NAG/2023[2012-13]Status: DisposedITAT Nagpur04 Apr 2025AY 2012-13
For Appellant: Shri Kishore P. DewaniFor Respondent: Shri Sandipkumar Salunke
Section 251

depreciation @ 40% on the cost of aircraft. Addition\nmade by A.O. at Rs.33.82 crores is held to be unjustified and is directed to be\ndeleted.\n15. Since the present issue is covered by the judgment of the Hon'ble Delhi\nHigh Court in CIT v/s SRC Aviation Pvt. Ltd., [2013] 37 taxmann.com 308\n(Del.) and the Co-ordinate Bench