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1 result for “depreciation”+ Section 194Jclear

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THE SURAT PEOPLES CO.OP.BANK LTD.,,SURAT vs. THE DY.CIT.,(OSD)-II,, SURAT

In the result, ground no.2 is allowed for statistical purposes

ITA 957/AHD/2013[2009-10]Status: DisposedITAT Surat30 Dec 2020AY 2009-10

Bench: Shri Pawan Singh, Hon'Ble & Dr.Shri Arjun Lal Saini, Hon'Ble(Virtual Hearing) आ.अ.सं./I.T.A No.957/Ahd/2013 "नधा"रण वष"/Assessment Year: 2009-10 The Surat Peoples Co-Operative Bank Vs. The Asst. Commissioner Ltd., Of Income Tax, Circle-4, Surat. ‘Vasundhara Bahavan’, Timaliyawad, Nanpura, Surat – 395 001. [Pan: Aaaat 2885 P] अपीलाथ" / Appellant ""यथ"/Respondent

Section 5Section 6

depreciation in P&L account (IDR) for computation of total income) and thus valuing closing stock at cost only for showing the income in its returns. In nut 4 The Surat People’s Co-operative Bank Limited Vs. ACIT Circle-4, Surat. ITA No.957/AHD/2013 for A.Y. 2009-10 shell, as discussed above, the bank has claimed loss in respect