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6 results for “depreciation”+ Section 6(1)(iii)clear

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Key Topics

Section 8012Deduction5Section 260A4Section 1474Section 115J4Depreciation4Addition to Income4Section 22Section 26

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

III) passed by the Income Tax Appellate Tribunal, Delhi Bench, New Delhi (hereinafter referred to as “the Tribunal”) in ITA No. 2618/Del/2008 for Assessment Year 2005- 2006, claiming the following substantial questions of law:- 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

2
Section 80H2
Section 143(3)2
Disallowance2

THE PR COMMISSIONER OF INCOME TAX-2 CHANDIGARH vs. M/S SWARAJ ENGINES LTD MOHALI

ITA/266/2016HC Punjab & Haryana03 Feb 2020

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

Section 139Section 142Section 143Section 143(3)Section 147Section 148Section 80

iii) such income has been made the subject of excessive relief under this Act; or (iv) excessive loss or depreciation allowance or any other allowance under this Act has been computed.” 4. On the other hand the stand of learned Senior Counsel appearing for the assessee is that explanation 2 can only be read subject to main provision of Section

PR COMMISSIONER OF INCOME TAX-2 CHANDIGARH vs. M/S SMITHKLINE BEECHAM CONSUMER HEALTHCARE LTD

ITA/325/2016HC Punjab & Haryana04 Feb 2026

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

Section 260ASection 80

depreciation @ 100% thereon? (iii) Whether on the facts and in circumstances of the case and in law, the Hon'ble ITAT is right in allowing the assessee's claim of deduction u/s 80-I of the I.T. Act as no new industrial Unit has come into existence in the year under consideration? (iv) Whether on the facts and in circumstances

M/S Y.S. AND CO-OWNERS vs. INCOME TAX OFFICER ETC.

ITA/20/2008HC Punjab & Haryana09 Sept 2024

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MR. JUSTICE SANJAY VASHISTH

Section 144Section 167B(2)(i)Section 2Section 26

iii), which have been mstances of the case, the Income ustified while holding that the appellant and other co-owners property was an income of the by the appellant are buildings 26 of Income Tax Act, 1961 for income as income from house that the appellant and other co- aving specified shares jointly in wns and plinths which were rent

C I T vs. M/S GLAXO SMITHKLINE CONSUMER HEALTHCARE LTD.

ITA/267/2009HC Punjab & Haryana04 Feb 2026

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

Section 260ASection 80Section 80H

1. The appellant through instant appeal under Section 260A of the Income Tax Act, 1961 (for short ‘1961 Act’) is seeking setting aside of order dated 21.03.2007 passed by Income Tax Appellate Tribunal, Chandigarh (for short ‘ITAT’). 2. The appellant has raised following questions for adjudication by this Court:- (i) Whether on facts and in the circumstances of the case

C I T vs. M/S GLAXO SMITHKLINE CONSUMER HELATHCARE LTD.

ITA/271/2009HC Punjab & Haryana05 Feb 2026

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

Section 260ASection 80Section 80H

1. The appellant through instant appeal under Section 260A of the Income Tax Act, 1961 (for short ‘1961 Act’) is seeking setting aside of order dated 21.03.2007 passed by Income Tax Appellate Tribunal, Chandigarh (for short ‘ITAT’). 2. The appellant has raised following questions for adjudication by this Court:- i. Whether on facts and in the circumstances of the case