DEVPRABHA CONSTRUCTION PRIVATE LTD.,,DHANBAD vs. PCIT, DHANBAD
In the result, this appeal of the assessee is allowed
ITA 27/RAN/2024[2018-19]Status: DisposedITAT Ranchi30 May 2025AY 2018-19
Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay(Virtual Hearing) Devprabha Construction Private Ltd., P.C.I.T., Dev Villa, Behind Radha Swamy Arcade, Dhanbad, Vs. Saraidhela, Dhanbad-828127. Aayakar Bhawan, Luby Pan No. Aaecb 2652 A Circular Road, Dhanbad-826001 (Jharkhand) Appellant/ Assessee Respondent/ Revenue
Section 133(6)Section 143(3)Section 263
revision of a valid order which was again pending in appeal before NFAC.
4. That the learned Principal Commissioner of Income Tax, Dhanbad was wrong to conclude that all the fixed assets of the Appellant company were eligible for depreciation at the rate of 15 percent and not 30 percent when the depreciation at the rate of thirty percent
