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4 results for “depreciation”+ Section 120(4)(b)clear

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Key Topics

Section 143(3)4Section 54B4Disallowance4Addition to Income4Deduction3Section 142(1)2Section 1312Section 402Section 80I2Section 132

THE ACIT, VAPI CIRCLE,, VAPI vs. M/S. N.R. AGARWAL INDUSTRIES LTD.,, VAPI

In the result the ground No

ITA 1526/AHD/2016[2011-12]Status: DisposedITAT Surat05 Jul 2021AY 2011-12

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Virtual Hearing) I.T.(Ss)A’S No.14,15,16/Ahd/2016, Ita’S No.1302,1303& 3032/Ahd/2016 Assessment Years: 2007-08, 09-10, 10-11; 2011-12,12-13& 2013-14 N.R.Agarwal Industries Ltd., Vs The Acit/Dcit, Circle-3, Plot No.169 To 169, Phase No.1, Surat. Gidc, Vapi. [Pan: Aaacn 7721 N] अपीलाथ" / Appellant ""थ"/Respondent

Section 132Section 143(3)Section 153ASection 40Section 80I

depreciation @ 80%. During the period relevant to the AY 2008-09, Suman Paper & Board and NR Paper & Board, the group companies of the assessee were amalgamated with the assessee and become third power plant (Unit-III). A search action under 3 NR Aggarwal Industries Ltd. Assessment Years: 2007-08 to 2013-14 section 132 of Income

2
Section 153A2
Exemption2

N.R. AGARWAL INDUSTRIES LTD.,,VAPI vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-3,, SURAT

In the result the ground No

ITA 1302/AHD/2016[2011-12]Status: DisposedITAT Surat05 Jul 2021AY 2011-12

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Virtual Hearing) I.T.(Ss)A’S No.14,15,16/Ahd/2016, Ita’S No.1302,1303& 3032/Ahd/2016 Assessment Years: 2007-08, 09-10, 10-11; 2011-12,12-13& 2013-14 N.R.Agarwal Industries Ltd., Vs The Acit/Dcit, Circle-3, Plot No.169 To 169, Phase No.1, Surat. Gidc, Vapi. [Pan: Aaacn 7721 N] अपीलाथ" / Appellant ""थ"/Respondent

Section 132Section 143(3)Section 153ASection 40Section 80I

depreciation @ 80%. During the period relevant to the AY 2008-09, Suman Paper & Board and NR Paper & Board, the group companies of the assessee were amalgamated with the assessee and become third power plant (Unit-III). A search action under 3 NR Aggarwal Industries Ltd. Assessment Years: 2007-08 to 2013-14 section 132 of Income

KRISTINA NATHABHAI KRICHCHAN,SURAT vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(3), SURAT

In the result, appeal filed by the assessee is allowed

ITA 349/SRT/2022[2016-17]Status: DisposedITAT Surat26 Jun 2023AY 2016-17

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.349/Srt/2022 "नधा"रण वष"/Assessment Year: (2016-17) (Physical Hearing) Kristina Nathabhai Krichchan, Vs. The Dcit, Circle-2(3), 2/4, Zankhana Apartment, Surat. 21 Narmad Nagar Society, Athwalines, Surat – 395001. (Assessee) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Dwipk2888D Assessee By Shri P. M. Jagasheth, Ca Respondent By Shri Ashok B. Koli, Cit(Dr) 10/05/2023 Date Of Hearing Date Of Pronouncement 26/06/2023

Section 142(1)Section 143(2)Section 143(3)Section 271(1)(c)Section 271FSection 54B

B. Koli, CIT(DR) 10/05/2023 Date of Hearing Date of Pronouncement 26/06/2023 आदेश / O R D E R PER DR. A. L. SAINI, AM: Captioned appeal filed by the assessee, pertaining to Assessment Year (AY) 2016-17, is directed against the order passed by the Learned Commissioner of Income Tax (Appeals), [in short “the ld. CIT(A)”], National Faceless Appeal

DINESHBHAI MOHANBHAI PATEL,SURAT vs. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE1(2) , SURAT

In the result, the appeal filed by the assessee is partly allowed for statistical purposes in above terms

ITA 407/SRT/2023[2014-15]Status: DisposedITAT Surat11 Dec 2023AY 2014-15

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.407/Srt/2023 ("नधा"रणवष" / Assessment Year: (2014-15) (Virtual Court Hearing) Dineshbhai Mohanbhai Patel Assistant Commissioner Of Shop No. 7, 3Rd Floor, Meghna Income-Tax, Circle-1(2), Surat, Complex, Udhna Magdalla Road, Aayakar Bhavan, Majura Gate, Vs. Bhatar Char Rasta, Surat-395007 Surat-395001. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abtpp 8286 F (अपीलाथ"/Appellant) (""थ"/Respondent) िनधा"रती की ओर से /Assessee By Shri Kishore R Gheewala, Ca राज" की ओर से/Respondent By Shri Vinod Kumar, Sr. Dr सुनवाई की तारीख Date Of Hearing 03/10/2023 घोषणा की तारीख /Date Of Pronouncement 11/12/2023

Section 131Section 142(1)Section 143Section 143(3)Section 40A(2)(b)Section 44A

b) without establishing the same to be excessive & unreasonable & inspite of the appellant ITA No.407/SRT/2023 AY.14-15 Sh. Dineshbhai M Patel heavy submitted comparative invoice & also huge reduction in aggregate labour expenses. As compared to proceeding year is unwarranted, unjustified & illegal. 4. The Appellant craves leave to add to, alter or amend the present grounds of Appeal.” 3. Succinct facts