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4 results for “depreciation”+ Section 54(1)clear

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Key Topics

Section 294Section 115J4Depreciation4Section 143(3)3Section 260A3Section 69C2Section 402Disallowance2Addition to Income

PRINCIPAL COMMISSIONER OF INCOME TAX FARIDABAD vs. M/S NHPC LTD

The appeals stand disposed of

ITA/336/2015HC Punjab & Haryana20 Sept 2019

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE HARNARESH SINGH GILL

Section 115JSection 143(3)Section 2Section 2(24)Section 24Section 260ASection 28

1. “Whether, on the facts and in circumstances of the case and in law, the Hon’ble ITAT was right in law in dismissing appeal of the Revenue observing that ‘ in view of categorical finding of the Supreme Court we hold that the CIT(A) was correct in holding that advance against depreciation cannot be added under the computation

2

COMMISSIONER OF INCOME TAX-I, CHANDIGARH vs. M/S PUNJAB SMALL INDUSTRIES & EXPORT CORPN. LTD

The appeal stands disposed of

ITA/9/2012HC Punjab & Haryana25 Feb 2020

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN

Section 260A

1] This appeal has been filed under Section 260A of the Income Tax Act, 1961 against the order dated 23.03.2011 of the Income Tax Appellate Tribunal, Chandigarh passed in ITA No.79/Chandi/2011 for the assessment year 2007-08. [2] Following question of law is claimed:- “Whether on the facts and in the circumstances of the case, the ITAT was right

CIT, CHANDIGARH vs. M/S PUNJAB SMALL IND. AND EXPORT CORP. LTD.

The appeal stands disposed of

ITA/705/2008HC Punjab & Haryana25 Feb 2020

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN

Section 260A

1] This appeal has been filed under Section 260A of the Income Tax Act, 1961 against the order dated 30.05.2008 of the Income Tax Appellate Tribunal, Chandigarh passed in ITA No.611/CHD/2006 for the assessment year 2003-04. [2] Following question of law is claimed:- “Whether on the facts and in the circumstances of the case, the ITAT was right

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

1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH ITA-61-2021 (O&M) Date of decision : 06.08.2022 Chief Commissioner of Income Tax OSD Ludhiana .... Appellant Versus M/s. Ceigall India Ltd., Ludhiana .... Respondent CORAM: HON'BLE MR. JUSTICE TEJINDER SINGH DHINDSA HON'BLE MR. JUSTICE PANKAJ JAIN Present: Mr. Rajesh Katoch, Sr. Standing Counsel and Ms. Pridhi Jaswinder