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4 results for “depreciation”+ Section 131(3)clear

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Key Topics

Section 2634Depreciation3Addition to Income3Section 32(2)2Section 31(1)2Section 32(1)2Section 143(3)2Business Income2Set Off of Losses2

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

Depreciation on Plant & Machinery has been claimed at 30% instead of 15% as the same were self used. 3. That with respect to the issue that is Hire Charges was paid to 7 persons on whom TDS was not deducted, PCIT observed that the Ld AO has conducted enquiry in case of 5 entities and overlooked to conduct any enquiry

SHRI KIRTIMAN SINGH,RANCHI vs. DCIT, RANCHI

In the result, grounds of appeal raised by the assessee are partly allowed

Carry Forward of Losses2
ITA 122/RAN/2016[2010-11]Status: DisposedITAT Ranchi30 May 2025AY 2010-11

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay(Hybrid Hearing) Shri Kirtiman Singh, D.C.I.T., 357/A, Professor Colony, Karam Toli, Circle-2, Vs. Behind Abhilasha Building, Morabadi, Ranchi. Ranchi-834001. Pan No. Awmps 5592 F Appellant/ Assessee Respondent/ Revenue

Section 131Section 133ASection 145(3)

131 of the Act. After giving due consideration of all the facts and the material available with him, the Assessing Officer rejected the books of account of the assessee under Section 145(3) of the Act and estimated the income at Rs. 20,09,770/- @ 10% of total turnover. ITA 122/Ran/2016 Shri Kirtiman Singh Vs DCIT 3. Aggrieved

M/S BHARAT COOKING COAL LIMITED ,DHANBAD vs. ACIT CIRCLE-1 , DHANBAD

In the result, appeal of the revenue is dismissed and appeal by the assessee is partly allowed as well as cross-objection by the assessee is allowed

ITA 290/RAN/2017[08-09]Status: DisposedITAT Ranchi31 Mar 2023

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

Section 31(1)Section 32(1)Section 32(2)

131 TTJ (Mumbai) (SB) 257] and the pre amendment treatment up to A.Y. 1996-97, Post 1996 amendment treatment for A.Y. 1997-98 to A.Y. 2001-02 and post 2001 amendment, treatment for A. Y. 2002-03 and onwards are different. Pre-amendment treatment up to A.Y. 1996-97. Current year's depreciation i.e. current depreciation

ACIT CIR-1 , DHANBAD vs. M/S BHARAT COKING COAL LTD, DHANBAD

In the result, appeal of the revenue is dismissed and appeal by the assessee is partly allowed as well as cross-objection by the assessee is allowed

ITA 298/RAN/2017[08-09]Status: DisposedITAT Ranchi31 Mar 2023

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

Section 31(1)Section 32(1)Section 32(2)

131 TTJ (Mumbai) (SB) 257] and the pre amendment treatment up to A.Y. 1996-97, Post 1996 amendment treatment for A.Y. 1997-98 to A.Y. 2001-02 and post 2001 amendment, treatment for A. Y. 2002-03 and onwards are different. Pre-amendment treatment up to A.Y. 1996-97. Current year's depreciation i.e. current depreciation