Search: depreciation

3 results for “depreciation”+ Rectification u/s 154clear

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Section 15413 Depreciation3 Section 143(3)2

DIVYA CONSTRUCTION,BHAGALPUR vs. ACIT, CIRCLE-1, BHAGALPUR

In the result, the appeal of the assessee is partly allowed

ITA 318/PAT/2018[2012-13]Status: DisposedITAT Patna08 Dec 2021AY 2012-13

Bench: Shri P.M. Jagtap, Vice- & Shri A.T. Varkey

Section 143(3)Section 154

u/s. 144, no further expenses/deemed expenses would be allowable" From the above remarks made in the assessment order, it becomes evident that income from contract works was estimated at 6% and that no further expenses would be allowable. Therefore, vide the order passed u/s.154 of the Act, the AO should not have allowed the notional expenditure of depreciation from

ARUN CONSTRUCTION,BHAGALPUR vs. ACIT, CIR-1, BHAGALPUR

Appeal is allowed in above terms

ITA 330/PAT/2018[2012-13]Status: DisposedITAT Patna16 Sept 2020AY 2012-13

DIVYA CONSTRUCTION,BHAGALPUR vs. ACIT, CIRCLE-1, BHAGALPUR

ARUN CONSTRUCTION,BHAGALPUR vs. ACIT, CIR-1, BHAGALPUR

DIVYA CONSTRUCTION,BHAGALPUR vs. ACIT, CIRCLE-1, BHAGALPUR

ARUN CONSTRUCTION,BHAGALPUR vs. ACIT, CIR-1, BHAGALPUR

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