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7 results for “depreciation”+ Section 394clear

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Key Topics

Section 2638Section 143(3)8Depreciation7Addition to Income7Section 271(1)(c)6Disallowance6Section 11(1)(a)4Penalty3Revision u/s 2632Deduction

MOHMEDAMIN MOHMEDUMAR GENERAL,SURAT vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE), SURAT

In the result, appeal filed by the assessee is allowed

ITA 522/SRT/2024[2018-19]Status: DisposedITAT Surat28 Oct 2025AY 2018-19

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Pruseth

Section 142(1)Section 143(2)Section 143(3)Section 263Section 32(1)Section 32(1)(iia)

section 32(1) of the Act. Such additional depreciation is allowable in case of new machinery and plant acquired and installed in the business of manufacture or production of any article or thing or in the business of generation, transmission, distribution of power. However, the business of textile declared ITA No.522/SRT/2025/AY 2018-19 Mohmedamin Mohmedmar General . by the assessee

2

M/S. GUJARAT CHEMICAL PORT TERMINAL COMPANY LTD.,,BHARUCH vs. THE DY.CIT, CIRCLE-1(1),, BARODA

In the result, appeal for A

ITA 2660/AHD/2014[2008-09]Status: DisposedITAT Surat22 Aug 2018AY 2008-09

Bench: Shri C.M.Garg & Shri O.P.Meena

For Appellant: Shri Bhavin J.Marfatia – CAFor Respondent: Mrs. Smitha V.Nair – Sr.DR
Section 271(1)(c)

section 43A does not apply to the present case as the assets were constructed in India and the AO made addition by rejecting the said contention of the assessee. The ld.AR submitted that there is no dispute with regard to the claim of depreciation. It was only the timing which has been altered from accrual to the actual payment

M/S. GUJARAT CHEMICAL PORT TERMINAL COMPANY LTD.,,BHARUCH vs. THE DY.CIT, CIRCLE-1(1),, BARODA

In the result, appeal for A

ITA 2659/AHD/2014[2007-08]Status: DisposedITAT Surat22 Aug 2018AY 2007-08

Bench: Shri C.M.Garg & Shri O.P.Meena

For Appellant: Shri Bhavin J.Marfatia – CAFor Respondent: Mrs. Smitha V.Nair – Sr.DR
Section 271(1)(c)

section 43A does not apply to the present case as the assets were constructed in India and the AO made addition by rejecting the said contention of the assessee. The ld.AR submitted that there is no dispute with regard to the claim of depreciation. It was only the timing which has been altered from accrual to the actual payment

M/S. GUJARAT CHEMICAL PORT TERMINAL COMPANY LTD.,,BHARUCH vs. THE DY.CIT, CIRCLE-1(1),, BARODA

In the result, appeal for A

ITA 2658/AHD/2014[2006-07]Status: DisposedITAT Surat22 Aug 2018AY 2006-07

Bench: Shri C.M.Garg & Shri O.P.Meena

For Appellant: Shri Bhavin J.Marfatia – CAFor Respondent: Mrs. Smitha V.Nair – Sr.DR
Section 271(1)(c)

section 43A does not apply to the present case as the assets were constructed in India and the AO made addition by rejecting the said contention of the assessee. The ld.AR submitted that there is no dispute with regard to the claim of depreciation. It was only the timing which has been altered from accrual to the actual payment

M/S. MAHESHWARI LOGISTICS PRIVATE LIMITED,,VAPI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, , VALSAD

In the result, appeal of the assessee is allowed

ITA 377/SRT/2023[2018-19]Status: DisposedITAT Surat25 Sept 2023AY 2018-19

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.377/Srt/2023 ("नधा"रणवष" / Assessment Year: (2018-19) (Virtual Court Hearing) Maheshwari Logistics Ltd. Principal Commissioner Of Income Tax, Valsad, Room No.301, 3Rd Floor, Shed No.A2-3/2 Mll House, Vs. Opp. Upl, 1St Phase, Gidc, Income Tax Office, Palak Arcade, Pali Vapi, Valsad-396195 Hill, Santi Nagar, Tithal Road, Valsad- 396001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaecm 8332 N (अपीलाथ" /Appellant) (""थ"/Respondent) िनधा"रती की ओर से /Assessee By : Shri Sakar Sharma, C.A राज"व क" ओर से /Respondent By: Shri Ashok B. Koli, Cit-Dr

For Appellant: Shri Sakar Sharma, C.AFor Respondent: Shri Ashok B. Koli, CIT-DR
Section 143(3)Section 263

section 263 of the Income Tax Act, 1961. You are hereby required to furnish an explanation within [10] days from the receipt of this notice, as to why your assessment for assessment year 2018-19 should not be revised. If no response is received within the specified time, it will be presumed that you have no explanation to offer

UDHNA ACADEMY EDUCATION TRUST,,SURAT vs. THE ACIT, CIRCLE-2,, SURAT

In the result, appeal of the assessee is allowed

ITA 3023/AHD/2015[2011-12]Status: DisposedITAT Surat09 Nov 2020AY 2011-12

Bench: Shri Pawan Singh & Shri Arjun Lal Saini(Virtual Hearing) आ.अ.सं./I.T.A No.3023/Ahd/2015 "नधा"रण वष"/Assessment Year: 2011-12 Udhna Academy Education Trust, V The Assistant Commissioner Central Road No.14, Udhyog Nagar S Of Income Tax, Circle-2, Surat. Sangh, Udhna, Surat – 394 210. . [Pan: Aaatu 0431 F] अपीलाथ" / Appellant ""यथ"/Respondent

Section 11Section 11(1)(a)Section 11(6)Section 143(3)

394 210. . [PAN: AAATU 0431 F] अपीलाथ" / Appellant ""यथ"/Respondent "नधा"रतीक"ओर से /Assessee by Shri M.K.Patel – AR राज"वक"ओर से /Revenue by Shri B.K.Panda – Sr.DR सुनवाई की तारीख/ Date of hearing: 09.11.2020 उ"घोषणा क" तार"ख/Pronouncement on: 09.11.2020 आदेश /O R D E R PER PAWAN SINGH, JUDICIAL MEMBER: 1. This appeal by the Assessee

THE DCIT,(EXEMPTION), CIRCLE-2,, AHMEDABAD vs. SHREE SURAT JILLA LEUVA PATIDAR SAMAJ TRUST,, SURAT

In the result, appeal of the Revenue is dismissed

ITA 3282/AHD/2014[2010-11]Status: DisposedITAT Surat14 Nov 2018AY 2010-11

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A. No.3282/Ahd/2014/Srt िनधा"रण वष"/Assessment Year : 2010-11 The Deputy Commissioner Of Vs. Shree Surat Jilla Leuva Patidar Income Tax, Samaj Trust, Circle-2, Ahmedabad. C/O.Sharadbhai D Patel, Afva Via, Vankaner, Tal.Bardoli, Surat – 394 610. [Pan: Aabts 2888 P] अपीलाथ" Appellant ""यथ"/Respondent Shri Mitish Modi – Ca िनधा"रती क" ओर से /Assessee By Shri Sreenivas Bidari – Cit(Dr) राज"व क" ओर से /Revenue By सुनवाई क" तारीख/ Date Of Hearing: 15.10.2018 उ"ोषणा क" तारीख/Pronouncement On 14.11.2018

Section 11(1)(a)Section 143(3)

394 610. [PAN: AABTS 2888 P] अपीलाथ" Appellant ""यथ"/Respondent Shri Mitish Modi – CA िनधा"रती क" ओर से /Assessee by Shri Sreenivas Bidari – CIT(DR) राज"व क" ओर से /Revenue by सुनवाई क" तारीख/ Date of hearing: 15.10.2018 उ"ोषणा क" तारीख/Pronouncement on 14.11.2018 आदेश /O R D E R PER O. P. MEENA, ACCOUTANT MEMBER