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36 results for “depreciation”+ Section 171clear

Sorted by relevance

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Key Topics

Section 17172Addition to Income22Section 143(2)21Section 14719Section 15415Section 14811Depreciation11Disallowance11Section 359Section 133A

MAJALGAON SAHAKARI SAKHAR KARKHANA LTD.,,BEED vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,

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

ITA 1523/PUN/2016[2009-10]Status: DisposedITAT Pune14 Aug 2018AY 2009-10

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita No.1523/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" / Assessment Year : 2009-10 िनधा"रण वष" िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Pramod ShingteFor Respondent: Shri A.K. Modi
Section 154

section 154 disallowing assessee’s claim of set off of unabsorbed depreciation to the extent of Rs.12,70,39,171

M N NAVALE BIGGER HUF,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 364/PUN/2017[2005-06]Status: Disposed

Showing 1–20 of 36 · Page 1 of 2

9
Section 143(3)8
Deduction7
ITAT Pune
15 Nov 2019
AY 2005-06

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

M N NAVALE BIGGER HUF,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 365/PUN/2017[2006-07]Status: DisposedITAT Pune15 Nov 2019AY 2006-07

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

M N NAVALE BIGGER HUF,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 360/PUN/2017[2001-02]Status: DisposedITAT Pune15 Nov 2019AY 2001-02

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

MARUTI NIVRUTTI NAVALE, (SMALLER HUF),PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 542/PUN/2017[2008-09]Status: DisposedITAT Pune15 Nov 2019AY 2008-09

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

M N NAVALE BIGGER HUF,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 361/PUN/2017[2002-03]Status: DisposedITAT Pune15 Nov 2019AY 2002-03

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

M N NAVALE BIGGER HUF,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 362/PUN/2017[2003-04]Status: DisposedITAT Pune15 Nov 2019AY 2003-04

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

M N NAVALE BIGGER HUF,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 363/PUN/2017[2004-05]Status: DisposedITAT Pune15 Nov 2019AY 2004-05

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

M N NAVALE BIGGER HUF,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 366/PUN/2017[2007-08]Status: DisposedITAT Pune15 Nov 2019AY 2007-08

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

M N NAVALE BIGGER HUF,,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX,, PUNE

Appeals are partly allowed for statistical purposes

ITA 367/PUN/2017[N.A]Status: DisposedITAT Pune15 Nov 2019

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm Sl. No.

For Appellant: Shri Chetan KariaFor Respondent: Shri S. B. Prasad &
Section 171

section 131 of the Act, they were not utilized by the Assessing Officer in this proceedings. Further, the Assessing Officer further noticed that all the transactions done by HUF were in cash only and no transactions involving the banking channels were reported. That further, the brothers of Shri M.N. Navale (Karta of Bigger HUF) have borrowed various loans of small

CONSTRUCTION PROTAL PVT. LTD.,,PUNE vs. INCOME-TAX OFFICER,, PUNE

In the result, the appeal of the assessee is allowed

ITA 1607/PUN/2014[2005-06]Status: DisposedITAT Pune06 Jun 2018AY 2005-06

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं. / Ita Nos. 1607 & 1608/Pun/2014 िनधा"रण वष" / Assessment Years : 2005-06 & 2006-07

For Appellant: Shri Nilesh Khandelwal & Shri Rajiv ThakkarFor Respondent: Shri Ajay Modi, JCIT
Section 133ASection 69A

section 32(2) of the Act was restored. 2.6. Thus, w.e.f. 1st April, 2002, the unabsorbed depreciation is brought forward and treated as a part of the current year allowance for depreciation. That being so, in case where the business profits are lesser than the depreciation allowance, then the same is deducted from income under any other head. 2.7. Thus

CONSTRUCTION PROTAL PVT. LTD.,,PUNE vs. INCOME-TAX OFFICER,,

In the result, the appeal of the assessee is allowed

ITA 1608/PUN/2014[2006-07]Status: DisposedITAT Pune06 Jun 2018AY 2006-07

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं. / Ita Nos. 1607 & 1608/Pun/2014 िनधा"रण वष" / Assessment Years : 2005-06 & 2006-07

For Appellant: Shri Nilesh Khandelwal & Shri Rajiv ThakkarFor Respondent: Shri Ajay Modi, JCIT
Section 133ASection 69A

section 32(2) of the Act was restored. 2.6. Thus, w.e.f. 1st April, 2002, the unabsorbed depreciation is brought forward and treated as a part of the current year allowance for depreciation. That being so, in case where the business profits are lesser than the depreciation allowance, then the same is deducted from income under any other head. 2.7. Thus

ASSOCIATED DAIRY FAB PVT. LTD.,,JALGAON vs. JOINT COMMISSIONER OF INCOME-TAX,,

In the result, appeal of assessee is partly allowed and appeal of Revenue is dismissed

ITA 177/PUN/2014[2009-10]Status: DisposedITAT Pune09 Feb 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.177/Pun/2014 यििाारण वषा / Assessment Year : 2009-10 Associated Dairy Fab Pvt. Ltd., B-5/1, Midc Area, Ajantha Road, अऩीऱाथी/Appellant Jalgaon – 425003 …. Pan: Aaeca3963F Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Range – 2, Jalgaon

For Appellant: Shri Nikhil PathakFor Respondent: Shri Mukesh Jha
Section 143(3)(ii)Section 40A(3)

171 of the Paper Book and we find that the said directors are paying taxes at the highest rate of taxes. Applying the ratio laid down by the Hon’ble Bombay High Court in CIT Vs. Indo Saudi Services (Travel) Pvt. Ltd. (supra), we hold that no disallowance is merited under section

DEPUTY COMMISSIONER OF INCOME-TAX vs. ASSOCIATED DAIRY FAB PVT. LTD.,, JALGAON

In the result, appeal of assessee is partly allowed and appeal of Revenue is dismissed

ITA 211/PUN/2014[2009-10]Status: DisposedITAT Pune09 Feb 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.177/Pun/2014 यििाारण वषा / Assessment Year : 2009-10 Associated Dairy Fab Pvt. Ltd., B-5/1, Midc Area, Ajantha Road, अऩीऱाथी/Appellant Jalgaon – 425003 …. Pan: Aaeca3963F Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Range – 2, Jalgaon

For Appellant: Shri Nikhil PathakFor Respondent: Shri Mukesh Jha
Section 143(3)(ii)Section 40A(3)

171 of the Paper Book and we find that the said directors are paying taxes at the highest rate of taxes. Applying the ratio laid down by the Hon’ble Bombay High Court in CIT Vs. Indo Saudi Services (Travel) Pvt. Ltd. (supra), we hold that no disallowance is merited under section

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD, AURANGABAD vs. ENDURANCE TECHNOLOGIES LIMITED, AURANGABAD

In the result, all the appeals filed by the Revenue are dismissed

ITA 1660/PUN/2024[2014-15]Status: DisposedITAT Pune25 Aug 2025AY 2014-15

Bench: Shri R. K. Panda & Ms. Astha Chandrasr No 1

Section 143(1)Section 143(2)Section 143(3)Section 147Section 148Section 271(1)(c)Section 35Section 35(1)Section 80I

171 ITD 124 and Nath Bio Genes India Ltd. vide ITA No.367/PUN/2012 order dated 27.01.2014. Although the Tribunal in the case of ACIT vs. Ajeet Seeds Ltd. (supra) refers to this fact in para 6 of its order, however, without following the above two decisions or without distinguishing the same or without any discussion as to how these two decisions

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD, AURANGABAD vs. ENDURANCE TECHNOLIGIES LIMITED, AURANGABAD

In the result, all the appeals filed by the Revenue are dismissed

ITA 506/PUN/2025[2015-16]Status: DisposedITAT Pune25 Aug 2025AY 2015-16

Bench: Shri R. K. Panda & Ms. Astha Chandrasr No 1

For Appellant: S/Shri Nikhil Pathak andFor Respondent: S/Shri Amol Khairnar, CIT-DR and
Section 143(1)Section 143(2)Section 143(3)Section 147Section 148Section 271(1)(c)Section 35Section 35(1)Section 80I

171 ITD 124 and Nath Bio Genes India Ltd. vide ITA No.367/PUN/2012 order dated 27.01.2014. Although the Tribunal in the case of ACIT vs. Ajeet Seeds Ltd. (supra) refers to this fact in para 6 of its order, however, without following the above two decisions or without distinguishing the same or without any discussion as to how these two decisions

SHRI SHANTINATH BHAGWAN JAIN SHWETAMBAR MURTIPUJAK SANGH,PUNE vs. CIT, EXEMPTION,, PUNE

Appeal is allowed

ITA 203/PUN/2021[2010-11]Status: DisposedITAT Pune23 Aug 2022AY 2010-11

Bench: Shri S.S. Godara & Shri G.D. Padmahshali

For Appellant: Shri V.L. JainFor Respondent: Shri Sardar Singh Meena
Section 147Section 148Section 148(2)Section 263

depreciation. This question was answered in the negative. A Division Bench of the Kerala High Court held in Travancore Cements Ltd. v. CIT [2008] 305 ITR 1701 , that upon the issuance of a notice under section 148(2), when proceedings were initiated by the Assessing Officer on issues in respect of which he had formed a reason to believe that

NATHARAM PANAJI CHOUDHARY,PUNE vs. I.T.O. WARD 8(1), PUNE, PUNE

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

ITA 1826/PUN/2024[2016-17]Status: DisposedITAT Pune21 Jan 2026AY 2016-17

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Bharat Kumar (Virtually)For Respondent: Shri Amol Khairnar
Section 132Section 142(1)Section 147Section 148Section 69A

depreciation allowance or any other allowance has been computed under the provisions of the Act. 4.3.2 Action under section 147 is permissible even if the Assessing officer gathers his reasons to believe from the very same record as has been the subject matter of the completed assessment proceedings. There might indeed be a presumption that the assessment proceedings have been

NATHARAM PANAJI CHOUDHARY,PUNE vs. I.T.O. WARD 8(1), PUNE, PUNE

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

ITA 1823/PUN/2024[2015-16]Status: DisposedITAT Pune21 Jan 2026AY 2015-16

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Bharat Kumar (Virtually)For Respondent: Shri Amol Khairnar
Section 132Section 142(1)Section 147Section 148Section 69A

depreciation allowance or any other allowance has been computed under the provisions of the Act. 4.3.2 Action under section 147 is permissible even if the Assessing officer gathers his reasons to believe from the very same record as has been the subject matter of the completed assessment proceedings. There might indeed be a presumption that the assessment proceedings have been

DCIT CIRCLE 1 NASHIK, NASHIK vs. SHREE SAI PROPERTIES, NASHIK

In the result, appeal of the Revenue is dismissed

ITA 987/PUN/2025[2014-15]Status: DisposedITAT Pune27 Jan 2026AY 2014-15

Bench: Dr. Manish Borad & Shri Vinay Bhamore

For Appellant: Shri Subodh Ratnaparkhi, CAFor Respondent: Shri Amit Bobde, CIT
Section 132Section 143(2)Section 143(3)Section 147Section 148Section 250

171 taxmann.com 846 (Bombay) wherein the Hon’ble Court has also taken into consideration the judgment of Hon’ble High Court of Rajasthan in the case of Shyam Sunder Khandelwal Vs. ACIT 161 taxmann.com 255 (Rajasthan) and Hon’ble Court has discussed about non obstante clause appearing in provisions of section 153A and 153C of the Act along with scope