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7 results for “depreciation”+ Section 2(24)(x)clear

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Key Topics

Section 2605Section 1474Section 260A3Section 1a3Section 143(3)2Section 252Section 12A2Section 1512Addition to Income2

Principal Commissioner of Income Tax-2 vs. M/s Indur Green Power Private Limited

In the result, all the appeals fail and are hereby

ITTA/627/2015HC Telangana02 Jun 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 12ASection 143(1)Section 2(15)Section 25Section 260Section 80G(5)

Depreciation 1,05,72,696 1,10,86,334 1,26,18,427 1,39,66,450 Total Expenditure 4,81,29,896 4,75,41,722 5,01,63,902 3,88,21,912 Profit for the year 2,53,21,438 2,09,87,242 62,58,319 836236 Add Balance brought forward

M/s.V.R.Farms Pvt Ltd vs. Deputy Commissioner of Income Tax

The appeals are dismissed

ITTA/272/2008HC Telangana28 Nov 2025

Bench: P.SAM KOSHY,SUDDALA CHALAPATHI RAO

depreciation. The rate of minimum tax was kept at a modest figure deeming 30 per cent of book profits as total income. This modest amount is likely to go down further with the downward revision of corporate tax rate to 35 per cent and abolition of surcharge. xxxx xxxx xxxx xxxx 45.4 The Act also inserts a new section 115JAA

THE STATE BANK OF HYD. vs. THE JT.COMMI.SPL.RANGE IV HYD.

ITTA/103/2001HC Telangana07 Sept 2022

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

Section 21Section 251Section 254(2)Section 260Section 260ASection 27Section 43I

x' dismissed. ' 1zoos1 zzz ITI 3()7 (Bomba\') ( l0 15. Submissions made by learned counsel for the parties have received the due consideration of the Court. 16. At the outset, we may consider the first objection raised by learned counsel for the respondent that an appeal under Section 260A of the Act is not maintainable against an order passed

Commissioner of Income-Tax, vs. Rangaraya Medical College Old Students Association

ITTA/269/2005HC Telangana14 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

For Appellant: SRI CHALLA GUNARANJAN
Section 1Section 151

24 W.A.NO: 893 OF 200s l.A. NO: 2 OF 2O05(WAMP. NO: 1 712 0F 200s) Petition under Section 1 51 CPC praying that in the circumstances stateci in the affi

PROGREESIVE CONSTRUCTIONS LIMITED vs. JT. COMMISSIONER OF INCOME TAX

ITTA/163/2005HC Telangana21 Sept 2022

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

For Appellant: SRI CHALLA GUNARANJAN
Section 143(3)Section 147Section 148Section 1aSection 260Section 260ASection 4l

depreciation on tmc[s. Thereafter, uide the assessmenr order dated 31.03.1997 passed under Section 143(3) read with Section 1a8(sz;) o[ the Act, assessing officer computed t zol trn ltz 5 the total incor,re of the assessee at Rs.2,16,89,170.00. Flowever, after adjustmerrt of the refund for earlier assessment y3ars, the amount payabl,: bythe assessee

Commissioner of Income Tax (TDS), vs. M/s Country Club Inda Limited

ITTA/667/2014HC Telangana29 Jan 2015
Section 143(3)Section 147Section 260A

depreciation or any other indirect costs in its accounts. Further, the Assessee had also not showed any source of funds. The AO noted that the equipment stated to have been supplied by the Assessee to Reliance was purchased from other group companies, namely, Nortel Canada and Nortel Ireland and were supplied to Reliance at almost half the price

THE COMMI.OF INCOME TAX,HYD. vs. VAIBHAV

ITTA/134/2003HC Telangana14 Sept 2022

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

For Appellant: SRI A.V.KRISHNA KOUNDINYA, SENIOR COUNSELFor Respondent: SRI J.V'PRASAD, SC FOR l'T DEPARTMENT
Section 1aSection 250Section 260Section 68

depreciation of earlier )tars, the income of 5 us the assessee was quantified at Rs. 22,61,520.00. It is this order of the Tribunal, nhich is under impugnment in the two appeals before 10. In the appeal filed by the assessee 2.e., I.T.T.ANo .58 o{ 20a2, the substantial question of law raised is whether Tribunal could have quantified