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9 results for “depreciation”+ Section 350clear

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Key Topics

Section 115J10Section 804Section 80V3Section 36(1)(va)3Depreciation3Deduction3Section 3552Section 3502Section 332Section 32

COMMISSIONER OF INCOME TAX vs. MAHENDRA MILLS

The appeal is dismissed

C.A. No.-005394-005394 - 1994Supreme Court15 Mar 2000
For Respondent: MAHENDRA MILLS
Section 32Section 34Section 72Section 73

Section 16 which deals with deduction from salary. The language here is "the income chargeable under the head "salary" shall be computed after making the following deductions namely: -". Mr. Dastur like Mr. Verma also referred to judgments of the High Courts giving diverse views. High Courts of Allahabad and Madras supported the view canvassed by the Revenue while the High

M/S. DYNAMIC ORTHOPEDICS PVT. LTD. vs. COMMISSIONER OF INCOME TAX, COCHIN

C.A. No.-008419-008419 - 2003
2
Supreme Court
16 Feb 2010
Section 115JSection 205Section 349Section 350Section 355Section 80V

depreciation to the extent specified in section 350. ...5/- - 5 - Ascertainment of depreciation. 350. The amount of depreciation to be deducted

MALAYALA MANORAMA CO LTD. vs. COMMR.OF INCOME TAX, TRIVANDRUM

The appeals are allowed and the

C.A. No.-005420-005423 - 2002Supreme Court10 Apr 2008
For Respondent: Commissioner of Income Tax,Trivandrum
Section 115JSection 33Section 80Section 80V

depreciation under section 205(1), the same could be provided to the extent specified under section 350 of the Companies

COMMNR. OF CUSTOMS (GENERAL), N. DELHI vs. GUJARAT PERSTORP ELECTRONICS LTD

The appeals are allowed

C.A. No.-008568-008569 - 2001Supreme Court05 Aug 2005
For Respondent: M/s. Gujarat Perstorp Electronics Ltd
Section 28(1)

depreciation allowance in terms of Sections 32 and 43(3) of the Income Tax Act. Merely by reason of the factum of certain writings on various sheets of paper, one cannot ascribe the documentation to be a "book". The word "book" has not been defined in the Act but the "book" in common acceptation is a literary composition from which

CHECKMATE SERVICES P LTD vs. COMMISSIONER OF INCOME TAX-I

C.A. No.-002833-002833 - 2016Supreme Court12 Oct 2022

Bench: HON'BLE THE CHIEF JUSTICE

Section 2Section 2(24)(x)Section 28Section 36Section 36(1)(va)Section 43B

350 ITR 327. 15 Commissioner of Income Tax v. Merchem Ltd., ITA No. 402/2009. 10 only on Section 36(1)(va) is contrary to what Parliament intend. It was argued by learned counsel that Alom Extrusions correctly found that the law hindered and caused practical difficulties to assesses; as a result, it was omitted. To give full effect

ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTIONS) vs. AHMEDABAD URBAN DEVELOPMENT AUTHORITY

C.A. No.-021762-021762 - 2017Supreme Court19 Oct 2022

Bench: HON'BLE THE CHIEF JUSTICE

Section 12AA(1) of the IT Act, on 18.05.1979 and is engaged in the activity of promotion of the export of all kind of ready-made garments, knitwear, and garments made of leather, jute and hemp. It does not per se engage in any activity for profit, and its mandate is to ensure that Indian apparel manufacturers, are given forums

COMMR.OF INCOME TAX,SIMLA vs. M/S GREEN WORLD CORPORATION

Appeals are disposed of with the aforementioned directions

C.A. No.-003312-003312 - 2009Supreme Court06 May 2009
Section 133Section 133ASection 143(1)(a)Section 143(2)Section 80I

depreciation was not causing any prejudice to the interest of Revenue at least in the year under consideration and the apprehension of the learned CIT about such prejudice which may be caused to the Revenue in the subsequent years was based on 29 assumptions and surmises depending on ultimate eventualities like the one happened in the present case when

SHIV RAJ GUPTA vs. COMMISSIONER OF INCOME-TAX, DELHI IV

C.A. No.-012044-012044 - 2016Supreme Court22 Jul 2020

Bench: HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN

350 employees and around 25 staff and other officers in its other offices. The MoU then refers to a direction of the Supreme Court, which was made by an Order dated 11.03.1994, which made it clear that the company’s manufacturing activity at the plant at Meerut was suspended 3 until a secondary effluent treatment plant is installed and made

COMNR. OF CENTRAL EXCISE, TRICHY vs. GRASIM INDUSTRIES LTD

The Appeals stand disposed of accordingly

C.A. No.-002348-002349 - 2000Supreme Court12 Apr 2005
For Respondent: M/s Grasim Industries Ltd
Section 5A

350 per tonne shall not be taken into account for computing the above mentioned quantity of ninety-nine thousand tonnes. The exemption under this notification shall not be (iii) applicable to, cement manufactured from such clinker which is not (a) manufactured within the same factory and (b) cement bearing a brand name or trade name (whether registered