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3 results for “depreciation”+ Section 2(14)(iii)clear

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Key Topics

Section 14A3Section 2602Section 45(2)2Section 1482Disallowance2Addition to Income2Depreciation2

PRINCIPAL COMMISSIONER OF INCOME TAX,BHUBANESWAR vs. INDUSTRIAL DEVELOPMENT CORPORATION OF ORISSA LTD.

In the result, the appeal stands disposed of in terms of

ITA/33/2017HC Orissa14 Nov 2022

Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE MURAHARI SRI RAMAN

Section 115Section 115JSection 14Section 14ASection 260Section 45(2)

III Stage, Bengaluru-560 085. … Appellants (By Sri. Aravind K.V, Advocate) AND: M/s. Canara Bank, BSCA Section, FM & S Wing, HO, No.112, JC Road, Bengaluru-560 002. ... Respondent (By Sri. T. Suryanarayana, Advocate) 2 This I.T.A is filed under Section 260-A of the Income Tax Act 1961, arising out of order dated 30.03.2016 passed in ITA.No.813/Bang/2011

INDUSTRIAL INCUBATOR vs. DY.COMMNR.OF I.T.

ITA/179/2004HC Orissa10 Nov 2021

Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE ADITYA KUMAR MOHAPATRA

Section 142(1)Section 143(3)Section 148

III. Whether in the facts and circumstances of the case the approach road, drainage, bore-well, reservoir etc on which claim for depreciation made @ 25% holding as per schedule holding them as plant etc. can it be reduced to 10% by the Tribunal accepting as just and proper beyond the statute ?” 2. The appeal itself arises out of an order

ACIT, CIRCLE 1(2) vs. M/S. SERAJUDDIN AND CO.

ITA/44/2022HC Orissa15 Mar 2023

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Bivas Pattanayak Date : 26Th July, 2022 Appearance :- Mr. Soumen Bhattacharjee, Adv. … For Appellant Mr. S.M. Surana, Adv. Mr. Bhaskar Sengupta, Adv. Md. Afzal Ansari, Adv. … For Respondent

Section 11Section 11(1)(a)Section 260A

2 The revenue has raised the following substantial questions of law for consideration. (i) Whether on the facts and the circumstances of the case, disallowance of Rs.2,84,67,351/- claimed towards depreciation. The Learned Income Tax Appellate Tribunal has relied on the decision of the Hon’ble High Court in the case of Siliguri Regulated Market Committee