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6 results for “depreciation”+ Section 253(4)clear

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Key Topics

Section 803Business Income3Deduction3Section 1482Section 80I2Section 42Section 43B2

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

253 ITR 791 (Ker) and Nicco Corporation Ltd v. CIT: 272 ITR 58 (Cal). 15. Lastly, it was argued that hardship or inequity is no ground for not charging interest under sections 234B and 234C before allowing MAT credit. It was contended that it is a well established principle that equity has no place in tax laws. It was therefore

Commissioner of Income Tax, vs. Dr. T.Ravi Kumar,

ITTA/102/2012HC Telangana24 Jul 2013

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani & The Hon’Ble Justice Rajarshi Bharadwaj Date : 10Th April, 2024. Appearance: Mr. J. P. Khaitan, Senior Advocate Mr. Sanjay Bhowmick, Advocate Ms. Swapna Das, Advocate … For The Appellant. Ms. Smita Das De, Advocate … For The Respondent. 1. Heard Sri J. P. Khaitan, Learned Senior Advocate Assisted By Sri Sanjay Bhowmick, Learned Counsel For The Appellant/Assessee & Ms. Smita Das De, Learned Senior Standing Counsel For The Respondent. 2. The Assessment Years Involved In The Present Appeal Are Assessment Year 1999-2000 & Assessment Year 2000-01. By Order Dated 16.08.2012, This Appeal Was Admitted On The Following Substantial Questions Of Law :-

Section 143(3)Section 147Section 148Section 24(1)(i)Section 32Section 43B

section 143(1) only. The case of appellant is supported by the decision of Madras High Court in the case of M/s. India Forge and Drop Stamping Limited Vs. CIT (1998) 223 ITR 112 (Mad), the Hon'ble Supreme Court has also held in the case of Collector of Land Acquisition Vs. Mstr. Katiji & ors. 167 ITR 471 that when

Commissioner of Income Tax vs. Sri P.Sarveswara Rao

Appeals are partly allowed, in view of the

ITTA/434/2005HC Telangana14 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 221Section 4

4. As the units were located at Sahibabad (Dist. Ghaziabad and Saharanpur,) which was such a specified area, while filing the return of income, the grant of exemption given by the State Government through the said notifications with the object of promotion and development of industries was claimed by Vardhman. In Bhushan’s case, it was not taken into consideration

The Commissioner of Income Tax -V, vs. M/S Secunderabad Club

ITTA/422/2006HC Telangana27 Aug 2011

Bench: V.V.S.RAO,RAMESH RANGANATHAN

Section 148Section 80Section 80ASection 80I

253 ITR396 (Mad.) and in the case of CIT vs Menon Impex (P) Ltd. (2003) 259 ITR 403 (Mad.) and by Kerala High Court in the case of CIT Vs Cochin Refineries Ltd. (1982) 135 ITR 278 (Ker) that the used of the term "derived from" in the relevant provision of the Act indicates the restricted meaning to cover only

Commissioner of Income Tax, Rajahmundry vs. M/s. Kakinada Coop. Town Bank LTd., Kakinada

ITTA/485/2012HC Telangana15 Nov 2012

Bench: The Court Is: “Whether, The Shares Invested Through A Portfolio Management

Section 271(1)(c)Section 88E

depreciating value”, and that the PMS is supposed to “provide the skill and expertise to steer through the complex volatile and dynamic conditions of the market”. The order may be extracted in relevant part: “10. Under PMS a person deposits the money under the contract for a period normally not less one year. After depositing the money the investment

The Commissioner of Income Tax- I vs. M/s. Avon Organics Limited

ITTA/257/2012HC Telangana17 Jul 2012

Bench: GODA RAGHURAM,M.S.RAMACHANDRA RAO

Section 10B

4 of 18 10 Employee Activities 13200 11 Uniform expenses 324692 12 Professional Charges 935308 13 Projector Hire Charges 3000 14 Electricity Charges / water / Sewerage Charges 92070 15 Recruitment charges 447646 16 Computer hire charges 244355 17 Bank charges 50 18 Filing charges 1000 19 Computer maintenance 2740 20 Pantry Charges 170485 21 Printer Cartridge 22800 22 Office Maintenance