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3 results for “depreciation”+ Unexplained Moneyclear

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Mumbai397Delhi320Chennai124Bangalore95Jaipur88Kolkata74Ahmedabad61Hyderabad52Chandigarh34Pune25Indore23Raipur19Lucknow18Visakhapatnam17Nagpur12Cochin12Guwahati11Surat10Rajkot10Allahabad7Varanasi7Agra6Cuttack5Ranchi5Jodhpur4Amritsar4SC3Patna3Jabalpur1Karnataka1Telangana1Dehradun1ASHOK BHAN DALVEER BHANDARI1

Key Topics

Section 2502Section 69A2Section 2632Unexplained Money2Depreciation2Addition to Income2

GURUDWARA BAL LEELA MAINI SANGAT TRUST,PATNA vs. DC/AC, EXEMPTION, PATNA

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

ITA 299/PAT/2024[2017-18]Status: DisposedITAT Patna01 Jan 2025AY 2017-18

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

Section 11Section 115Section 12ASection 250Section 69Section 69A

depreciation in respect of assets which has been claimed as application under the same year or the same is not allowable in terms of Section 11 (6) of the Act notwithstanding the fact that the prescription in the said sub Section is limited to the computation of application of income for charitable purposes to the extent stated

ACIT, CENTRAL CIRCLE-1, PATNA, PATNA vs. SUMAN KUMAR, GAYA

Appeal is allowed for statistical purposes

ITA 174/PAT/2023[2020-21]Status: DisposedITAT Patna10 Dec 2024AY 2020-21

Bench: Shri Duvvuru Rl Reddy, Vice- & Shri Sanjay Awasthii.T.A. No.174/Pat/2023 Assessment Year: 2020-21 Acit, Central Circle-1, Patna…..…………………...........................……….……Appellant Vs. Suman Kumar……….…………....……...…………………………………....…..Respondent S/O Late Madan Singh, Vill-Baijnathpur, P.O-Wazir Gangj, Distt- Gaya (Bihar)-805131. [Pan: Arxpk3461F]

Section 132(1)Section 250Section 69A

money without appreciating the fact that the assessee did not furnish any corroborative documents which could establish that intercepted cash amount being brought from Lucknow by flight was recorded in his books of accounts. ii. That on the facts and circumstances of the case, the learned Commissioner of Income-tax (A)-3, Patna has erred both

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

unexplained money u/s 69A of the Income Tax Act,1961. In this connection, question 9 of statement on oath recorded of Shri Roshan Kumar Agarwal partner of M/s Sri Ram Enterprises on 27.03.2018 after issuing of summon u/s 131(1) and its reply is appended below:- 18. In reply to question no. 13 of statement on oath of Sri Roshan