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15 results for “depreciation”+ Section 190clear

Sorted by relevance

Mumbai328Delhi260Bangalore98Ahmedabad92Chennai71Kolkata53Hyderabad41Jaipur41Raipur35Lucknow28Cochin20Chandigarh18Indore16Pune15Visakhapatnam13Guwahati12Karnataka8Ranchi6Allahabad5Rajkot4SC4Cuttack2Jodhpur2Surat2Agra1D.K. JAIN H.L. DATTU JAGDISH SINGH KHEHAR1Orissa1Amritsar1Telangana1Jabalpur1

Key Topics

Section 13214Addition to Income13Section 143(3)11Section 69A8Disallowance8Section 132(4)7Search & Seizure7Comparables/TP5Section 36(1)(iii)4Section 115B

AMDOCS DEVELOPMENT CENTRE INDIA P. LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

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

ITA 1455/PUN/2015[2007-08]Status: DisposedITAT Pune31 Aug 2018AY 2007-08

Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.1455/Pun/2015 यििाारण वषा / Assessment Year : 2007-08

For Appellant: Shri Danesh BafnaFor Respondent: Shri Gaurav Batham
Section 143(3)

section 143(3) r.w.s. 254 of the Income-tax Act, 1961 (in short ‘the Act’). 2. The cross appeals filed by the assessee and the Revenue were heard together and are being disposed of by this consolidated order for the sake of convenience. 3. The assessee has raised the following grounds of appeal:- “Ground 1 On the facts and circumstances

DEPUTY COMMISSIONER OF INCOME-TAX vs. AMDOCS DEVELOPMENT CENTRE INDIA PVT. LTD.,, PUNE

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

3
Depreciation3
Survey u/s 133A3
ITA 1486/PUN/2015[2007-08]Status: DisposedITAT Pune31 Aug 2018AY 2007-08

Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.1455/Pun/2015 यििाारण वषा / Assessment Year : 2007-08

For Appellant: Shri Danesh BafnaFor Respondent: Shri Gaurav Batham
Section 143(3)

section 143(3) r.w.s. 254 of the Income-tax Act, 1961 (in short ‘the Act’). 2. The cross appeals filed by the assessee and the Revenue were heard together and are being disposed of by this consolidated order for the sake of convenience. 3. The assessee has raised the following grounds of appeal:- “Ground 1 On the facts and circumstances

MR. ASHWIN RAJENDRA BADE,KOLHAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE, KOLHAPUR, KOLHAPUR

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

ITA 1892/PUN/2024[2019-20]Status: DisposedITAT Pune21 Apr 2025AY 2019-20

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita. No.1892/Pun/2024 Assessment Year : 2019-20

For Appellant: Shri Bhuvanesh KankaniFor Respondent: Shri Ramnath Murkunde
Section 115BSection 133ASection 142(1)Section 143(2)Section 143(3)Section 250Section 271ASection 69A

section 271AAC is attractable in the present case. Hence, penalty u/s.271AAC is initiated on this ground. 6. Subject to the above, the total income of the assessee is recomputed as below : Income from business after Rs.1,00,56,640/- depreciation, remuneration and interest 3 Ashwin Rajendra Bade Less : Survey declaration Rs.79,96,450/- Total Rs.20,60,190

M/S. MAN TRUCKS INDIA PRIVATE LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of assessee and Revenue are partly allowed

ITA 582/PUN/2014[2009-10]Status: DisposedITAT Pune03 Apr 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am

For Appellant: Shri Pankil SanghviFor Respondent: Shri Rajeev Kumar, CIT
Section 143(3)

section 143(3) r.w.s. 144C(13) of the Act. The other additions on account of amortization of lease charges of Rs.12,30,600/-, disallowance of telephone expenses and repairs of Rs.56,595/- and Rs.2,04,493/- and allowance of depreciation on civil maintenance works capitalized at Rs.6,20,449/- were also considered in the said order and net loss

DEPUTY COMMISSIONER OF INCOME-TAX vs. MAN TRUCKS INDIA PVT. LTD.,, PUNE

In the result, both the appeals of assessee and Revenue are partly allowed

ITA 547/PUN/2014[2009-10]Status: DisposedITAT Pune03 Apr 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am

For Appellant: Shri Pankil SanghviFor Respondent: Shri Rajeev Kumar, CIT
Section 143(3)

section 143(3) r.w.s. 144C(13) of the Act. The other additions on account of amortization of lease charges of Rs.12,30,600/-, disallowance of telephone expenses and repairs of Rs.56,595/- and Rs.2,04,493/- and allowance of depreciation on civil maintenance works capitalized at Rs.6,20,449/- were also considered in the said order and net loss

VEGA INDIA LEVEL AND PRESSURE MEASUREMENT P LTD,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE -12, PUNE, PUNE

In the result, the appeal is partly allowed

ITA 260/PUN/2022[2017-18]Status: DisposedITAT Pune17 Oct 2022AY 2017-18

Bench: Shri R.S. Syal & Shri Partha Sarathi Chaudhuryिनधा"रण वष" / Assessment Year: 2017-18

For Appellant: Shri Piyush BafnaFor Respondent: Shri Shubhakant Sahu
Section 143(3)Section 144BSection 92C

Depreciation and Employee benefit expenses to total Revenue was much higher than that of the comparables. Rejecting the RPM, he proceeded to determine the ALP of the Trading segment under the Transactional Net Margin Method (TNMM), by computing the transfer pricing adjustment at Rs.2,74,45,190/-. The AO notified the draft order with this amount of adjustment. The assessee

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. GHATGE PATIL INDUSTRIES LTD.,, KOLHAPUR

In the result, all the 3 appeals of the assessee are allowed

ITA 1281/PUN/2016[2006-07]Status: DisposedITAT Pune19 Sept 2018AY 2006-07

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita Nos.1281 To 1284/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Years: 2006-07 To 2009-10 िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Nikhil PathakFor Respondent: Shri Sanjeev Ghei
Section 132Section 132(4)

190 4. In the assessment, AO made common addition on account of sale of scrap. This issue has a genesis in the action u/s.132 of the Act on the assessee. There was search and seizure action u/s.132/133A of the Act and seized certain loose papers indicating cash slips/vouchers from the cabins of the cashiers, Manager Finance

GHATGE PATIL INDUSTRIES LTD. vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, all the 3 appeals of the assessee are allowed

ITA 1070/PUN/2016[2006-07]Status: DisposedITAT Pune19 Sept 2018AY 2006-07

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita Nos.1281 To 1284/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Years: 2006-07 To 2009-10 िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Nikhil PathakFor Respondent: Shri Sanjeev Ghei
Section 132Section 132(4)

190 4. In the assessment, AO made common addition on account of sale of scrap. This issue has a genesis in the action u/s.132 of the Act on the assessee. There was search and seizure action u/s.132/133A of the Act and seized certain loose papers indicating cash slips/vouchers from the cabins of the cashiers, Manager Finance

GHATGE PATIL INDUSTRIES LTD. vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, all the 3 appeals of the assessee are allowed

ITA 1072/PUN/2016[2008-09]Status: DisposedITAT Pune19 Sept 2018AY 2008-09

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita Nos.1281 To 1284/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Years: 2006-07 To 2009-10 िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Nikhil PathakFor Respondent: Shri Sanjeev Ghei
Section 132Section 132(4)

190 4. In the assessment, AO made common addition on account of sale of scrap. This issue has a genesis in the action u/s.132 of the Act on the assessee. There was search and seizure action u/s.132/133A of the Act and seized certain loose papers indicating cash slips/vouchers from the cabins of the cashiers, Manager Finance

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. GHATGE PATIL INDUSTRIES LTD.,, KOLHAPUR

In the result, all the 3 appeals of the assessee are allowed

ITA 1282/PUN/2016[2007-08]Status: DisposedITAT Pune19 Sept 2018AY 2007-08

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita Nos.1281 To 1284/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Years: 2006-07 To 2009-10 िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Nikhil PathakFor Respondent: Shri Sanjeev Ghei
Section 132Section 132(4)

190 4. In the assessment, AO made common addition on account of sale of scrap. This issue has a genesis in the action u/s.132 of the Act on the assessee. There was search and seizure action u/s.132/133A of the Act and seized certain loose papers indicating cash slips/vouchers from the cabins of the cashiers, Manager Finance

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. GHATGE PATIL INDUSTRIES LTD.,, KOLHAPUR

In the result, all the 3 appeals of the assessee are allowed

ITA 1284/PUN/2016[2009-10]Status: DisposedITAT Pune19 Sept 2018AY 2009-10

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita Nos.1281 To 1284/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Years: 2006-07 To 2009-10 िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Nikhil PathakFor Respondent: Shri Sanjeev Ghei
Section 132Section 132(4)

190 4. In the assessment, AO made common addition on account of sale of scrap. This issue has a genesis in the action u/s.132 of the Act on the assessee. There was search and seizure action u/s.132/133A of the Act and seized certain loose papers indicating cash slips/vouchers from the cabins of the cashiers, Manager Finance

GHATGE PATIL INDUSTRIES LTD. vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, all the 3 appeals of the assessee are allowed

ITA 1071/PUN/2016[2007-08]Status: DisposedITAT Pune19 Sept 2018AY 2007-08

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita Nos.1281 To 1284/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Years: 2006-07 To 2009-10 िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Nikhil PathakFor Respondent: Shri Sanjeev Ghei
Section 132Section 132(4)

190 4. In the assessment, AO made common addition on account of sale of scrap. This issue has a genesis in the action u/s.132 of the Act on the assessee. There was search and seizure action u/s.132/133A of the Act and seized certain loose papers indicating cash slips/vouchers from the cabins of the cashiers, Manager Finance

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. GHATGE PATIL INDUSTRIES LTD.,, KOLHAPUR

In the result, all the 3 appeals of the assessee are allowed

ITA 1283/PUN/2016[2008-09]Status: DisposedITAT Pune19 Sept 2018AY 2008-09

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita Nos.1281 To 1284/Pun/2016 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Years: 2006-07 To 2009-10 िनधा"रण वष" िनधा"रण वष"

For Appellant: Shri Nikhil PathakFor Respondent: Shri Sanjeev Ghei
Section 132Section 132(4)

190 4. In the assessment, AO made common addition on account of sale of scrap. This issue has a genesis in the action u/s.132 of the Act on the assessee. There was search and seizure action u/s.132/133A of the Act and seized certain loose papers indicating cash slips/vouchers from the cabins of the cashiers, Manager Finance

PRIDE PURPLE BUILDERS PRIVATE LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE - 1 (1),, PUNE

In the result, the appeal of the Assessee is allowed

ITA 699/PUN/2022[2015-16]Status: DisposedITAT Pune04 Oct 2023AY 2015-16

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.699/Pun/2022 िनधा"रण वष" / Assessment Year : 2015-16 Pride Purple Builders Private The Deputy Limited, V Commissioner Income Pride House, 5Th Floor, S Tax, Circle-1(1), Pune. S.No.108/7, Shivajinagar, Near Pune University Circle, Pune – 411016. Pan: Aadcp 4286 H Appellant / Assessee Respondent / Revenue Assessee By Shri Suhas Bora – Ar Revenue By Shri M G Jasnani, Irs - Dr Date Of Hearing 03/10/2023 Date Of Pronouncement 04/10/2023 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Appeal Filed By Assessee Is Directed Against The Order Of Ld. Commissioner Of Income Tax(Appeal), Pune-11 Dated 18.08.2022For A.Y.2015-16 Emanating From The Assessment Order Under Section 143(3) Of The Income Tax Act, 1961 Dated 30.11.2017. The Assessee Has Raised The Following Grounds Of Appeal: Pride Purple Builders Private Limited [A]

Section 143(2)Section 143(3)

Section 57 of the Act. 5.4 The Ld. AR also relied on following decisions:  Vodafone South Ltd vs CIT ITA 334/2014 (Del High Court)  ITO vs Brahma Associates ITAT Pune ITA 133/PN/2014  DLF Info City Development vs ACIT ITA 894/Del/2018  Triumph Reality Pvt Ltd [2023] 148 taxmann.com 196 (Delhi) Submission of ld.Departmental Representative(ld.DR) : 6. The ld.Departmental Representative read

DEPUTY COMMISSIONER OF INCOME-TAX vs. AJANTA INFRASTRUCTURE PVT. LTD.,, AURANGABAD

In the result, appeal of the Revenue is partly allowed for statistical purposes

ITA 1348/PUN/2016[2008-09]Status: DisposedITAT Pune25 Nov 2022AY 2008-09

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhury

For Appellant: Smt. Deepa KhareFor Respondent: Shri Ganesh Bare
Section 143Section 143(3)Section 148Section 234Section 234BSection 36(1)(iii)

section 36(1)(iii) of the Act vis-à-vis the facts in the assessee‟s case as to whether the said advances were given by the assessee for business 4 Ajanta Infrastructure P. Ltd. A.Y. 2008-09 purposes or not. The ld. CIT(A) has not independently verified the claim of the assessee nor has applied mind verifying