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2 results for “depreciation”+ Section 747clear

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Key Topics

Section 80I4Section 143(3)3Deduction2Addition to Income2

ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1(1), RAIPUR vs. M/S SANJAY AGRAWAL, RAIPUR

ITA 82/RPR/2018[2013-14]Status: DisposedITAT Raipur09 Jun 2022AY 2013-14

Bench: Shri Ravish Sood & Shri Rathod Kamlesh Jayantbhaiआयकर अपील सं. / Ita No. 82/Rpr/2018 Co No.05/Rpr/2018 "नधा"रण वष" / Assessment Year : 2013-14 The Assistant Commissioner Of Income Tax, Circle-1(1), Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. M/S. Sanjay Agrawal 35-36, Millenium Plaza, G. E. Road, Raipur (C.G.) Pan : Aapfs0532E ……""यथ" / Respondent Assessee By : Shri Veekaas S. Sharma, Ar Revenue By : Shri G.N Singh, Dr सुनवाई क" तार"ख / Date Of Hearing : 24.05.2022 घोषणा क" तार"ख / Date Of Pronouncement : 09.06.2022

For Appellant: Shri Veekaas S. Sharma, ARFor Respondent: Shri G.N Singh, DR
Section 143(2)Section 143(3)Section 145

747/-, Dep. 90,64,457/- and partners interest and remuneration Rs. 1,41,60,702/-. In the next AY 14-15 on the assessee's turnover of Rs. 67,09,09,545/- a NP of 3.75 percent has been accepted. In this result depreciation of Rs. 1,40,31,509 and partners interest & remuneration Rs. 2,53,59,397/- have

BALDEV INFRA PROJECTS PVT LTD,JAGDALPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2(1), RAIPUR

In the result, appeal of the Assessee is Dismissed

ITA 208/RPR/2017[2013-14]Status: DisposedITAT Raipur27 Dec 2022AY 2013-14

Bench: Shri Ravish Sood & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.208/Rpr/2017 िनधा"रण वष" / Assessment Year : 2013-14 Baldev Infra Projects Pvt Ltd., The Dy.Commissioner Of Bms House, Motitalab Para, V Income Tax-2(1), Raipur. Jagdalpur (C.G.) S Pan: Aadcb 2123 R Appellant/ Assessee Respondent / Revenue Assessee By Shri R.B.Doshi – Ar Revenue By Shri G.N.Singh – Sr.Dr Date Of Hearing 24/11/2022 Date Of Pronouncement 27/12/2022 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Is An Appeal Filed By The Assessee I.E. Baldev Infra Projects Pvt. Ltd., For The A.Y.2013-14 Against The Order Of Ld.Cit(A)-1, Raipur Emanating From The Assessment Order Under Section 143(3) Of The Income Tax Act, 1961 Dated 01.03.2016. The Assessee Has Raised The Following Grounds Of Appeal: 1. The Learned Commissioner Of Income Tax (Appeal)-1, Raipur Erred In Not Deleting The Disallowance Of Deduction Claimed U/S 80Ib(10) Of The Income-Tax Of Rs.62,46,481/-.

Section 143(3)Section 80I

depreciation Rs.66,19,745/- Rs.3,94,90,708/- Total 8. The assessee allocated the common expenses as under: 3,94,90,708 x 3,12,00,000 = *30,13,406/- 40,88,76,279 3 Baldev Infra Projects Pvt. Ltd., 9. The assessee arrived at eligible profit under section 80IB(10) at Rs.93,78,038/-. We have perused the Income