M/S GERA DEVELOPMENTS PVT. LTD,PUNE vs. PCIT (CENTRAL), PUNE, PUNE

In the result, the appeal filed by the assessee is dismissed

Bench: Dr.Manish Borad & Shri Vinay Bhamore

depreciation, (by 13 M/s Gera Developments Pvt. Ltd. applying 5th proviso to clause (ii) of sub section (1) of section 32

ZF STEERING GEAR (INDIA) LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE -1 (1),, PUNE

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

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm Assessment Year: 2013-14

ii) of sub-section 1 of Section 32 of the Act and observed as under:- “10.1 : The plain language of sec. 32(1)(iia) read along with relevant proviso would have us to come to the conclusion that, there is no limitation in the assessee claiming the balance 10 per cent of additional depreciation

DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE -5, PUNE vs. SERUM INSTITUTE OF INDIA PVT LTD.,, PUNE

In the result, the appeal filed by the Revenue stands dismissed

32. The ld. CIT-DR submits that the CIT(A) grossly erred in allowing the benefit of deduction u/s 10AA even in respect of deemed exports made to UNICEF against the plain provisions of section 10AA of the Act. 33. The ld. Sr. Counsel submits that the provisions of section 10AA were introduced in the Income

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD,PUNE vs. NATIONAL FACELESS APPEAL CENTRE, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

section 2(24(xviii) of the Act. 31. Aggrieved Revenue is now in appeal before this Tribunal 32. Ld. DR firstly contended that incorrect claim was made by the assessee in the return by the assessee showing it as exempt income and on the other hand has reduced it from the actual cost of the fixed assets

DY. COMMISSIONER OF INCOME-TAX, CIRCLE-5, PUNE vs. SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD., PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

section 2(24(xviii) of the Act. 31. Aggrieved Revenue is now in appeal before this Tribunal 32. Ld. DR firstly contended that incorrect claim was made by the assessee in the return by the assessee showing it as exempt income and on the other hand has reduced it from the actual cost of the fixed assets

ACIT, CIRCLE-5, PUNE, PUNE vs. SHRINIWAS ENGINEERING AUTO COMPONENTS PRIVATE LIMITED, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

section 2(24(xviii) of the Act. 31. Aggrieved Revenue is now in appeal before this Tribunal 32. Ld. DR firstly contended that incorrect claim was made by the assessee in the return by the assessee showing it as exempt income and on the other hand has reduced it from the actual cost of the fixed assets

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD.,PUNE vs. ACIT, CIRCLE-5, PUNE, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

section 2(24(xviii) of the Act. 31. Aggrieved Revenue is now in appeal before this Tribunal 32. Ld. DR firstly contended that incorrect claim was made by the assessee in the return by the assessee showing it as exempt income and on the other hand has reduced it from the actual cost of the fixed assets

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD,PUNE vs. NATIONAL FACELESS APPEAL CENTRE, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

section 2(24(xviii) of the Act. 31. Aggrieved Revenue is now in appeal before this Tribunal 32. Ld. DR firstly contended that incorrect claim was made by the assessee in the return by the assessee showing it as exempt income and on the other hand has reduced it from the actual cost of the fixed assets

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD,PUNE vs. ITO WARD6(1), PUNE

In the result, ITA Nos.154 to 156/PUN/2025 filed by the\nassessee are partly allowed for statistical purposes, ITA\nNo

depreciation etc.\"\n\nNo question of law, therefore, arises in this respect.\n\n12.\nQuestion No.3 itself records that the issue at hand is\ncovered by the decision of this Court in case of HDFC_v/s.\nDCIT reported in 366 ITR 505 but that, the department has not\naccepted the decision of the High Court. In that view, this\nquestion

JOINT COMMISSIONER OF INCOME-TAX, (OSD), CIRCLE-5,, PUNE vs. ROHAN AND RAJDEEP INFRASTRUCTURE PVT.LTD,, PUNE

In the result, the appeal of Revenue in ITA No

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Ravi

section 32(1)(ii) of the Act and such right is a depreciable and assessee is entitled to claim depreciation

JOINT COMMISSIONER OF INCOME-TAX, (OSD), CIRCLE-5,, PUNE vs. ROHAN AND RAJDEEP INFRASTRUCTURE PVT.LTD,, PUNE

In the result, the appeal of Revenue in ITA No

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Ravi

section 32(1)(ii) of the Act and such right is a depreciable and assessee is entitled to claim depreciation

JOINT COMMISSIONER OF INCOME-TAX, (OSD), CIRCLE-5,, PUNE vs. ROHAN AND RAJDEEP INFRASTRUCTURE PVT.LTD,, PUNE

In the result, the appeal of Revenue in ITA No

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Ravi

section 32(1)(ii) of the Act and such right is a depreciable and assessee is entitled to claim depreciation

ACIT, PUNE vs. SHRINIWAS ENGINEERING AUTO COMPONENTS PRIVATE LIMITED, PUNE

In the result, ITA Nos.154 to 156/PUN/2025 filed by the\nassessee are partly allowed for statistical purposes, ITA\nNo

depreciation etc.\"\nNo question of law, therefore, arises in this respect.\n12.\nQuestion No.3 itself records that the issue at hand is\ncovered by the decision of this Court in case of HDFC_v/s.\nDCIT reported in 366 ITR 505 but that, the department has not\naccepted the decision of the High Court. In that view, this\nquestion also

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD,PUNE vs. ITO WARD 6(1), PUNE

In the result, ITA Nos.154 to 156/PUN/2025 filed by the\nassessee are partly allowed for statistical purposes, ITA\nNo

depreciation etc.\"\nNo question of law, therefore, arises in this respect.\n12.\nQuestion No.3 itself records that the issue at hand is\ncovered by the decision of this Court in case of HDFC_v/s.\nDCIT reported in 366 ITR 505 but that, the department has not\naccepted the decision of the High Court. In that view, this\nquestion also

AIR CONTRAL INDIA PVT. LTD,PUNE vs. INCOME TAX OFFICER, WARD-1(1), PUNE

Appeal is allowed in above terms

ii) Industrial Credit and Investment Corporation of India Limited Vs Inspecting Asst. Commissioner [32 ITD 325, ITAT Bombay] Dated 03/03/1989 iii) International Computers Indian Manufactures Limited Vs Dy. CIT 63 ITD 195 (ITAT Mumbai) 18/02/1997 iv) Madhu Industries Ltd. VS ITO, ITA No.4172(AHD) of 2007 dated 23/07/2010. 3. We have claimed depreciation u/s 32(1

SUPERFINE METALS P LTD,AHMEDNAGAR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(2), , PUNE

Bench: Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपीऱ सं. / Ita Nos. 631 To 634/Pun/2021 निर्धारण वर्ा / Assessment Years : 2010-2011 To 2013-14 Superfine Metals Private Ltd., E29/E39, Supa Midc, Tal. Parner, Ahmednagar – 414302 . . . . . . . अपीऱधर्थी / Appellant Pan:Aakcs6038H बनाम / V/S. Asst. Commissioner Of Income Tax, . . . . . . . . प्रत्यर्थी / Respondent Central Circle 1(2), Pune द्वारा/ Appearances Assessee By : Shri M. K. Kulkarni Revenue By : Shri M. G. Jasnani सुनवाई की तारीख / Date Of Conclusive Hearing : 28/09/2022 घोषणा की तारीख / Date Of Pronouncement : 07/10/2022 आदेश / Order Per G. D. Padmahshali, Am; Present Bunch Of Five Appeals Of The Assessee Is Assailed Against Separate Orders Of Commissioner Of Income Tax (Appeals), Pune-11 [For Short “Cit(A)”] All Dt. 16/11/2021 Passed U/S 250 Of The Income-Tax Act, 1961 [For Short “The Act”], Which Arose Out Of Rectification Orders Dt. 20/02/2021 Passed U/S 154 By The Asst. Commissioner Of Income Tax, Central Circle 1(2), Pune [For Short “Ao”] For Assessment Years [For Short “Ay”] 2010-11 To 2013-14. Itat-Pune Page 1 Of 12

ii-a). The claim of additional depreciation be allowed to the appellant as per law. 8. The appellant craves to leave, add/amend or alter any of the above grounds of appeal. 5. Tersely stated the facts of the case are; 5.1 The assessee is a private limited company, filed its income tax returns [for short “ITR”] which were summarily processed

SUPERFINE METALS P LTD,AHMEDNAGAR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(2), , PUNE

Bench: Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपीऱ सं. / Ita Nos. 631 To 634/Pun/2021 निर्धारण वर्ा / Assessment Years : 2010-2011 To 2013-14 Superfine Metals Private Ltd., E29/E39, Supa Midc, Tal. Parner, Ahmednagar – 414302 . . . . . . . अपीऱधर्थी / Appellant Pan:Aakcs6038H बनाम / V/S. Asst. Commissioner Of Income Tax, . . . . . . . . प्रत्यर्थी / Respondent Central Circle 1(2), Pune द्वारा/ Appearances Assessee By : Shri M. K. Kulkarni Revenue By : Shri M. G. Jasnani सुनवाई की तारीख / Date Of Conclusive Hearing : 28/09/2022 घोषणा की तारीख / Date Of Pronouncement : 07/10/2022 आदेश / Order Per G. D. Padmahshali, Am; Present Bunch Of Five Appeals Of The Assessee Is Assailed Against Separate Orders Of Commissioner Of Income Tax (Appeals), Pune-11 [For Short “Cit(A)”] All Dt. 16/11/2021 Passed U/S 250 Of The Income-Tax Act, 1961 [For Short “The Act”], Which Arose Out Of Rectification Orders Dt. 20/02/2021 Passed U/S 154 By The Asst. Commissioner Of Income Tax, Central Circle 1(2), Pune [For Short “Ao”] For Assessment Years [For Short “Ay”] 2010-11 To 2013-14. Itat-Pune Page 1 Of 12

ii-a). The claim of additional depreciation be allowed to the appellant as per law. 8. The appellant craves to leave, add/amend or alter any of the above grounds of appeal. 5. Tersely stated the facts of the case are; 5.1 The assessee is a private limited company, filed its income tax returns [for short “ITR”] which were summarily processed

SUPERFINE METALS P LTD,AHMEDNAGAR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(2), , PUNE

Bench: Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपीऱ सं. / Ita Nos. 631 To 634/Pun/2021 निर्धारण वर्ा / Assessment Years : 2010-2011 To 2013-14 Superfine Metals Private Ltd., E29/E39, Supa Midc, Tal. Parner, Ahmednagar – 414302 . . . . . . . अपीऱधर्थी / Appellant Pan:Aakcs6038H बनाम / V/S. Asst. Commissioner Of Income Tax, . . . . . . . . प्रत्यर्थी / Respondent Central Circle 1(2), Pune द्वारा/ Appearances Assessee By : Shri M. K. Kulkarni Revenue By : Shri M. G. Jasnani सुनवाई की तारीख / Date Of Conclusive Hearing : 28/09/2022 घोषणा की तारीख / Date Of Pronouncement : 07/10/2022 आदेश / Order Per G. D. Padmahshali, Am; Present Bunch Of Five Appeals Of The Assessee Is Assailed Against Separate Orders Of Commissioner Of Income Tax (Appeals), Pune-11 [For Short “Cit(A)”] All Dt. 16/11/2021 Passed U/S 250 Of The Income-Tax Act, 1961 [For Short “The Act”], Which Arose Out Of Rectification Orders Dt. 20/02/2021 Passed U/S 154 By The Asst. Commissioner Of Income Tax, Central Circle 1(2), Pune [For Short “Ao”] For Assessment Years [For Short “Ay”] 2010-11 To 2013-14. Itat-Pune Page 1 Of 12

ii-a). The claim of additional depreciation be allowed to the appellant as per law. 8. The appellant craves to leave, add/amend or alter any of the above grounds of appeal. 5. Tersely stated the facts of the case are; 5.1 The assessee is a private limited company, filed its income tax returns [for short “ITR”] which were summarily processed