72 results for “depreciation”+ Section 40aclear
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In the result, appeal of assessee is partly allowed and appeal of Revenue is dismissed
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
section 40A(2)(b) of the Act in the hands of assessee on account of remuneration paid to the directors. The grounds of appeal No.5 to 5.2 are thus, partly allowed. 17. Coming to the appeal filed by the Revenue, wherein several grounds of appeal have been raised. Both the learned Authorized Representatives were heard on each of the grounds