Search: depreciation

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Section 294 Section 143(3)2 Section 69C2 Section 402

CHIEF COMMISSIONER OF INCOME TAX OSD LUDHIANA vs. M/S CEIGALL INDIA LTD

ITA/61/2021HC Punjab & Haryana06 Aug 2022

Bench: Cit(A). The Same Was Partly Allowed. The Addition Made By Applying Net Profit Dinesh Kumar 2022.10.16 16:54 I Attest To The Accuracy & Integrity Of This Document

Section 143(3)Section 145Section 145(3)Section 260Section 29Section 40Section 69C

depreciation is to be allowed from the income determined by applying the net profit rate of 6.5%.” DINESH KUMAR 2022.10.16 16:54 I attest to the accuracy and integrity of this document ITA-61-2021 (O&M) 3 6. While dealing with the issue of addition of unexplained expenditure, ITAT held that the issue is no more res integra