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7 results for “depreciation”+ Undisclosed Incomeclear

Sorted by relevance

Delhi491Mumbai490Bangalore211Jaipur151Chennai125Kolkata121Ahmedabad107Pune79Chandigarh65Cochin52Hyderabad52Amritsar45Indore43Nagpur33Guwahati29Raipur27Cuttack23Karnataka19Surat17Lucknow15Rajkot10Visakhapatnam9Allahabad9SC8Jodhpur7Ranchi7Agra6Patna6Varanasi5Telangana4Panaji3Jabalpur2Dehradun1Punjab & Haryana1Kerala1D.K. JAIN H.L. DATTU JAGDISH SINGH KHEHAR1

Key Topics

Section 271(1)(c)12Addition to Income7Section 1475Depreciation5Disallowance5Section 2744Section 2714Penalty4Section 322Section 143(3)

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

ITA 211/RAN/2024[2011-12]Status: DisposedITAT Ranchi20 Feb 2026AY 2011-12

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

Section 271Section 271(1)(c)Section 274

Depreciation on Lease Hold Land ₹ 39,98,32,440/- (iii) Land & Crop Compensation ₹ 24,09,000/- (iv) Grants to Sports Recreation & Grants of ₹ 11,67,32,000/- School & Institutions (v) Community Development & Environmental ₹ 12,24,87,000/- Expenditure (vi) Mines Closure Expenses ₹ 47,39,30,000/- (vii) CMPDIL expenses ₹ 56,93,18,000/- (viii) IICM Charges

DCIT,CIRCLE-1,RANCHI, RANCHI vs. CENTRAL COALFIELD LTD, RANCHI

2

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

ITA 218/RAN/2024[2011-12]Status: DisposedITAT Ranchi20 Feb 2026AY 2011-12

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

Section 271Section 271(1)(c)Section 274

Depreciation on Lease Hold Land ₹ 39,98,32,440/- (iii) Land & Crop Compensation ₹ 24,09,000/- (iv) Grants to Sports Recreation & Grants of ₹ 11,67,32,000/- School & Institutions (v) Community Development & Environmental ₹ 12,24,87,000/- Expenditure (vi) Mines Closure Expenses ₹ 47,39,30,000/- (vii) CMPDIL expenses ₹ 56,93,18,000/- (viii) IICM Charges

DCIT,CIRCLE-1,RANCHI, RANCHI vs. CENTRAL COALFIELDS LIMITED, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

ITA 220/RAN/2024[2012-13]Status: DisposedITAT Ranchi20 Feb 2026AY 2012-13

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

Section 271Section 271(1)(c)Section 274Section 32

Depreciation on Lease Hold Land ₹ 8,74,00,000/- (ix) CSR Expenses ₹ 15,52,00,000/- Total Additions/Disallowances ₹ 2,01,52,25,826/- The penalty proceedings under Section 271(1)(c) of the Act were separately initiated with the issue of notice under Section 274 read with section 271(1)(c) of the Act and finally, the Assessing Officer vide

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

ITA 212/RAN/2024[2012-13]Status: DisposedITAT Ranchi20 Feb 2026AY 2012-13

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

Section 271Section 271(1)(c)Section 274Section 32

Depreciation on Lease Hold Land ₹ 8,74,00,000/- (ix) CSR Expenses ₹ 15,52,00,000/- Total Additions/Disallowances ₹ 2,01,52,25,826/- The penalty proceedings under Section 271(1)(c) of the Act were separately initiated with the issue of notice under Section 274 read with section 271(1)(c) of the Act and finally, the Assessing Officer vide

DCIT, JAMSHEDPUR vs. M/S HARIOM SMELTERS PVT. LTD., JAMSHEDPUR

In the result, appeal of the Revenue is partly allowed for statistical purposes

ITA 82/RAN/2016[2011-12]Status: DisposedITAT Ranchi24 May 2018AY 2011-12

Bench: Shri N.S.Saini & Shri Pavan Kumar Gadalea.Y. : 2011-2012 Dy.Cit,Circle-1,C.H.Area, Vs M/S Hariom Smelters Jamshedpur Pvt. Ltd., 2, C.H.Area (New), Sonari, Jamshedpur- 831001 Pan No. : Aabch 5038 F Respondent (Appellant) .

For Appellant: Shri S.K.Poddar & Devesh Poddar, AdvFor Respondent: Shri P.K.Mondal, JCIT
Section 143(1)Section 143(2)Section 143(3)Section 234B

undisclosed investment of the assessee in the business from which the assessee procured unaccounted raw-materials and was doing unaccounted production and sale. On the third disputed issue of addition on account of cessation of liabilities, the ld.DR submitted that the income was generated in the hands of the assessee and the AO has rightly made the addition

ITO (EXEMPTIONS), JAMSHEDPUR vs. JYOTI PUNJ EDUCATIONAL AND WELFARE SOCIETY, JAMSHEDPUR

In the result, the appeal filed by the revenue is dismissed

ITA 144/RAN/2016[2005-06]Status: DisposedITAT Ranchi22 Feb 2019AY 2005-06

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

For Appellant: None appearedFor Respondent: Shri P.K. Mondal, JCIT, ld. Sr.DR
Section 12ASection 147

depreciation were made. Ultimately the assessee claimed excess of income over expenditure of Rs. 23,13,604/-. The expenditure which have been incurred in connection with the running and maintenance of schools, establishment and administration have been examined an d are found to have been incurred in the pursuit of the general activities of the society, which are its main

SHRI KIRTIMAN SINGH,RANCHI vs. DCIT, RANCHI

In the result, both the appeals filed by the assessee are partly allowed

ITA 121/RAN/2016[2009-10]Status: DisposedITAT Ranchi05 Apr 2019AY 2009-10

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

For Appellant: Shri Devesh Poddar, Advocate, ld.ARFor Respondent: Shri P.K. Mondal, CIT, ld. DR
Section 143(3)Section 147

income. However, during the course of Survey, total contract and supplies work was found to have been made by assesse to the tune of Rs.790,06,000/-. Hence, difference of Rs. 6,63,49,942/- was found out as undisclosed work contract done by assesse during the period under consideration. Hence, AO noted that it is clear that assessee