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3 results for “depreciation”+ Rectification u/s 154clear

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Key Topics

Section 143(1)8Section 1547Section 271(1)(c)4Section 143(1)(a)2Section 254(1)2Business Income2Deduction2Depreciation2

MOHAMMEDALTAF ABDULKADAR MEMON,SURAT vs. INCOME TAX OFFICER, WARD-2(2)(1) AND DCIT,CPC, SURAT

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

ITA 151/SRT/2023[2016-17]Status: DisposedITAT Surat27 Jun 2023AY 2016-17

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Mohammedaltaf Abdulkadar Memon, I.T.O. 4/4478 Taiyabi Street, Ward- 2(2)(1), Vs. Zampa Bazar, Surat & Dcit, Cpc Surat-395003. Bangalore) Pan: Ahzpm 3224 E Appellant Respondednt

Section 143(1)Section 154Section 234BSection 254(1)Section 44A

rectification order passed u/s 154 of the Act by DCIT, CPC, Bengaluru. 2. On the facts and circumstances of the case as well as law on the subject, the ld. CIT(A),NFAC has erred in confirming the action of DCIT, CPC. In disallowing depreciation

KHODIYAR MOTORS,SURAT vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(3), SURAT

In the result, the appeal of the assessee is allowed

ITA 729/SRT/2024[2013-14]Status: DisposedITAT Surat11 Nov 2025AY 2013-14

Bench: Shrisanjay Garg & Shri Bijayananda Prusethआयकरअपीलसं./Ita No.729/Srt/2024 Assessment Year: 2013-14 (Hybrid Hearing) Khodiyar Motors Vs. Dcit, 1-2-3, Green Park, Surat Circle - 2(3), Navsari Road, Unn-Sachin, Surat Surat - 394230 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aaffk4882M (अपीलाथ"/Appellant) (""थ"/Respondent) िनधा"रतीकीओरसे/Appellant By Shri P. M. Jagasheth, Ca राज"कीओरसे /Respondent By Shri Ajay Uke, Sr. Dr सुनवाई की तारीख/Date Of Hearing 14/08/2025 उद्घोषणा की तारीख/Date Of Pronouncement 11/11/2025

Section 143(1)Section 143(1)(a)Section 154Section 250

depreciation was calculated otherwise than the block of asset method, because of which mismatch arose in the figure of income from business or profession as per the ITR filed and as per intimation received. Appellant filed application for rectification u/s 154

SHREE HARI PROCESSORS INDIA PVT. LTD.,SURAT vs. INCOME TAX OFFICER - 2(1)(2) (NEW ITO WD. 2(1)(3), SURAT

In the result, the appeal of the assessee is allowed

ITA 141/SRT/2021[2015-16]Status: DisposedITAT Surat02 Feb 2022AY 2015-16

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Shree Hari Processors India Income Tax Officer, Pvt. Ltd., Block No.99/P, Post Ward-2(1)(2), [New Ito Wd Vs Tatithaiya, 2(1)(3)] Aayakar Bhawan, Tal-Palsana, Majura Gate, Surat-394 372 Surat-395001 E-Mail:Jain_Tex@Yahoo.Com Pan : Aadca 1313 N Appellant /Assessee Respondent / Revenue

Section 154Section 254(1)Section 271(1)(c)Section 274Section 32

u/s 271(1)(c) of the Act 2 The penalty of Rs.7,55,913/- may be kindly deleted Any other relief that your Nil honours may deem fit maybe granted 3 The assessee craves leave to add, amend, modify alter or delete any of the grounds at the time of hearing 2. Brief facts of the case are that assessee