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4 results for “depreciation”+ Section 256(2)clear

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Key Topics

Section 256(1)2Section 1152Depreciation2

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

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

Section 143(3)/147 of the Act. Assessment Order dated 18th December, 2006 14. The AO observed that the Assessee had not booked any establishment cost, 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

COMMR OF INCOME TAX HYD vs. M/S.TAHER ENGG CORP. SECBAD

ITTA/85/2002HC Telangana03 Feb 2012

Bench: The Commissioner (Appeals). Through Order, Dated 04.12.1991, The Commissioner Allowed The Appeal & It Was Held That The Applicant Is Entitled To Treat The Unabsorbed Depreciation As Loss. Thereupon, The Department Carried The Matter In Appeal By Filing Ita.No.728/Hyd/1992 Before The Tribunal. The Tribunal Allowed The Appeal Through Its Order, Dated 28.08.1995 & Took The View That The Unabsorbed Depreciation Cannot Be Treated As Loss For The Purpose Of Section 115-J Of The Act.

Section 115Section 143(1)Section 155Section 256(1)

256(1) of the Income Tax Act, 1961 (for short ‘the Act’), at the instance of the assessee, is made by the Hyderabad Bench ‘A’ of the Income Tax Appellate Tribunal (for short ‘the Tribunal’). The applicant is an assessee under the Act. In the returns filed by it for the Assessment Year 1988-89, the applicant invoked Section

Commissioner of Income Tax, vs. Sri. B. Yadagiri,

ITTA/13/2000HC Telangana01 Dec 2011

Bench: The Appellate Commissioner. On All The Three Aspects, Referred To Above, The Appellate Authority Held In Favour Of The Respondent. In The Further Appeal Filed By The Department Before The Tribunal, The View Taken By The Appellate Authority Was Confirmed.

For Appellant: Sri J.V.PrasadFor Respondent: Sri A.V.Raghuveer
Section 256(1)

Section 256(1) of the Income Tax Act. After hearing both the parties, the Tribunal framed the following three questions and referred them to this Court: 1. “Whether on the facts and in the circumstances of the case, the ITAT was justified in holding that allowance of expenditure has to be limited under Rule 6D with reference to the whole

The Commissioner of Income Tax, vs. M/s Pitti Laminations Ltd.,

In the result, M.A.C.A.No

ITTA/95/2012HC Telangana27 Aug 2012

Bench: GODA RAGHURAM,M.S.RAMACHANDRA RAO

For Appellant: NEW INDIA ASSURANCE CO.LTDFor Respondent: NEW INDIA ASSURANCE COMPANY LTD
Section 166

Section 166 of the Motor Vehicles Act, 1988, claiming compensation on account of the injuries that he sustained in an accident on 11.03.2001. He contended that, while he was travelling as a passenger in an auto rickshaw bearing registration No.KL-8/2064 through the Ayyanthole Civil Line Quarters Road, when the auto rickshaw reached the road junction, a car bearing