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7 results for “depreciation”+ Carry Forward of Lossesclear

Sorted by relevance

Mumbai2,991Delhi1,284Kolkata615Bangalore540Chennai471Ahmedabad316Pune164Jaipur149Raipur148Hyderabad128Chandigarh125Karnataka117Surat72Cuttack58Visakhapatnam51Indore47Rajkot46Ranchi41Amritsar38Nagpur38Cochin37Lucknow32Guwahati29SC28Jodhpur13Telangana12Varanasi7Kerala7Patna7Calcutta6Panaji4Jabalpur4Allahabad3Orissa2Punjab & Haryana2Rajasthan1ASHOK BHAN DALVEER BHANDARI1D.K. JAIN H.L. DATTU JAGDISH SINGH KHEHAR1Dehradun1Gauhati1Himachal Pradesh1Agra1

Key Topics

Section 80I14Section 43B11Section 143(3)5Section 2504Depreciation4Section 143(1)3Section 36(1)(viia)3Deduction3Set Off of Losses3Section 143(2)

VIKRAMSHILA DUGDH UTPADAK SAHKARI SANGH LTD,BHAGALPUR vs. ACIT, CENTRAL CIRCLE-1, BHAGALPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 59/PAT/2021[2014-15]Status: DisposedITAT Patna13 Jan 2025AY 2014-15

Bench: SHRI SONJOY SARMA, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

Section 119(2)(b)Section 154Section 250Section 32

depreciation pertains. The amount of carried forward loss, either business or depreciation is to be determined every year for it to be set off. The instant

THE MUZAFFARPUR CENTRAL CO-OPERATIVE BANK LTD,MUZAFFARPUR vs. ACIT, CIRCLE-2, MUZAFFARPUR

In the result, the appeal of assessee is allowed for statistical purpose

2
Section 1472
Disallowance2
ITA 87/PAT/2019[12/03/2019]Status: Heard
ITAT Patna
05 Jul 2022

Bench: Shri Mainsh Borad & Shri Sonjoy Sarma]

Section 139Section 139(3)Section 142(1)Section 143(1)Section 143(3)Section 147Section 148Section 32(2)Section 36(1)(viia)Section 72

carried forward business losses are the regular business loss incurred during the regular course of banking business and as such should have been allowed to be set off against current year’s income. 13. For that in any view, depreciation

MAHUA COOPERATIVE COLD STORAGE LTD, MAHUA,VAISHALI vs. ADIT,CPC, BENGALURU, BENGALURU

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

ITA 520/PAT/2024[2021-22]Status: DisposedITAT Patna19 Feb 2026AY 2021-22

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

Section 143(1)Section 250Section 43BSection 4A

loss of Rs. 50,33,596/- and carried forward unabsorbed depreciation of Rs. 44,65,970/- which should have been

ACIT, CIRCLE-1, PATNA vs. BIHAR KSHETRIYA GRAMIN BANK, MUNGER

In the result, the appeal of the revenue is dismissed

ITA 257/PAT/2019[2012-13]Status: DisposedITAT Patna08 Dec 2022AY 2012-13

Bench: Dr. Manish Borad & Shri Sonjoy Sarma]

Section 143(3)Section 36(1)(viia)

depreciation claimed by the assessee for reducing the bills were not supplied and total disallowance of Rs. 2,76,084/- was made and the same was added back to the income of the assessee before set off of losses. Thereafter, the ld. AO further observed that the assessee had claimed an amount of Rs. 3.65 crores towards provision

SRIRAM ENTERPRISES,PATNA vs. PCIT (CENTRAL), PATNA

In the result, the appeal of the assessee is allowed

ITA 76/PAT/2023[2018-19]Status: DisposedITAT Patna08 May 2024AY 2018-19

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. No. 76/Pat/2023 Assessment Year: 2018-2019 Sriram Enterprises,………………………..........Appellant C/O. Nirmal & Associates, Nepali Kothi, Opposite Gasoline Petrol Pump, Boring Road, Patna-800001 [Pan:Aarfs8853J] -Vs.- Principal Commissioner Of Income Tax (Central), Patna,…………………………………..……………..Respondent, Bihar-800001 Appearances By: Shri Nishant Maitin, C.A., Appeared On Behalf Of The Assessee Md. A.H. Chowdhary, Cit (D.R.), Appeared On Behalf Of The Revenue Date Of Concluding The Hearing : 5Th March, 2024 Date Of Pronouncing The Order: May 8Th, 2024 O R D E R

Section 133ASection 142(1)Section 143(1)Section 263

carried out by 2. you during the year under consideration. Furnish the details of deductions, exemptions and rebate claimed during 3. the year along with supporting documents. Furnish the statement of set off/adjustment of current year/carried 4. forwarded loss against any income of the year under consideration. Provide the comparison of income reported, 5. deductions/exemptions/rebate claimed, current year/carried forwarded loss

RAKESH KUMAR,PATNA vs. DCIT, CIRCLE-4, PATNA

In the result, both the appeals of the assessee for AYs 2012-13

ITA 86/PAT/2017[2013-14]Status: DisposedITAT Patna23 Jul 2024AY 2013-14

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A. Nos.85 & 86/Pat/2017 Assessment Years: 2012-13 & 2013-14

Section 143(2)Section 143(3)Section 250Section 80I

carried out and hence no new products were produced. The appellant claimed manufacturing of X-ray and ultra sonography machines which are highly sophisticated electronic devices which cannot be manufactured/produced without highly advanced technology, machine tools and extremely competent manpower. An ultra Sonography machine consists of following components: 1. Central Processing Unit (CPU) 2. Transducer Pulse Controls 3. Display

RAKESH KUMAR,PATNA vs. DCIT, CIRCLE-4, PATNA

In the result, both the appeals of the assessee for AYs 2012-13

ITA 85/PAT/2017[2012-13]Status: DisposedITAT Patna23 Jul 2024AY 2012-13

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A. Nos.85 & 86/Pat/2017 Assessment Years: 2012-13 & 2013-14

Section 143(2)Section 143(3)Section 250Section 80I

carried out and hence no new products were produced. The appellant claimed manufacturing of X-ray and ultra sonography machines which are highly sophisticated electronic devices which cannot be manufactured/produced without highly advanced technology, machine tools and extremely competent manpower. An ultra Sonography machine consists of following components: 1. Central Processing Unit (CPU) 2. Transducer Pulse Controls 3. Display