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16 results for “depreciation”+ Search & Seizureclear

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Mumbai526Delhi442Bangalore168Chennai114Hyderabad92Pune91Jaipur89Kolkata52Chandigarh43Amritsar34Ahmedabad30Guwahati21Lucknow19Visakhapatnam16Indore14Nagpur12Cochin12Raipur12Karnataka11Cuttack11Surat10Rajkot8Allahabad6SC6Jodhpur4Telangana4Agra3Dehradun2Patna1Jabalpur1D.K. JAIN H.L. DATTU JAGDISH SINGH KHEHAR1Ranchi1Kerala1

Key Topics

Section 143(3)18Addition to Income11Section 26310Section 153A9Section 1487Section 143(2)6Section 142(1)6Section 271A6Section 143(1)

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

ITA 331/VIZ/2017[2006-2007 F.Y 2005-2006]Status: DisposedITAT Visakhapatnam27 Mar 2019

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri Y.A. Rao – CAFor Respondent: Shri D.K. Sonawal – CIT DR
Section 143(3)Section 153CSection 68

seizure proceedings some incriminating documents and cash relating to the assessee were found and seized. Hence, notice under section 153C was issued to the assessee on 14/08/2007 for asking him to file returns of income for the six assessment years i.e. 2001-02 to 2006-07.” From the above, it is clear that search was not conducted in the case

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

5
Depreciation5
Search & Seizure5
Unexplained Cash Credit5

In the result, all the appeals filed by the assessee are dismissed

ITA 330/VIZ/2017[2004-2005 F.Y 2003-2004]Status: DisposedITAT Visakhapatnam27 Mar 2019

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri Y.A. Rao – CAFor Respondent: Shri D.K. Sonawal – CIT DR
Section 143(3)Section 153CSection 68

seizure proceedings some incriminating documents and cash relating to the assessee were found and seized. Hence, notice under section 153C was issued to the assessee on 14/08/2007 for asking him to file returns of income for the six assessment years i.e. 2001-02 to 2006-07.” From the above, it is clear that search was not conducted in the case

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

ITA 332/VIZ/2017[2007-2008 F.Y 2006-2007]Status: DisposedITAT Visakhapatnam27 Mar 2019

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri Y.A. Rao – CAFor Respondent: Shri D.K. Sonawal – CIT DR
Section 143(3)Section 153CSection 68

seizure proceedings some incriminating documents and cash relating to the assessee were found and seized. Hence, notice under section 153C was issued to the assessee on 14/08/2007 for asking him to file returns of income for the six assessment years i.e. 2001-02 to 2006-07.” From the above, it is clear that search was not conducted in the case

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

ITA 328/VIZ/2017[2001-2002 F.Y 2000-2001]Status: DisposedITAT Visakhapatnam27 Mar 2019

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri Y.A. Rao – CAFor Respondent: Shri D.K. Sonawal – CIT DR
Section 143(3)Section 153CSection 68

seizure proceedings some incriminating documents and cash relating to the assessee were found and seized. Hence, notice under section 153C was issued to the assessee on 14/08/2007 for asking him to file returns of income for the six assessment years i.e. 2001-02 to 2006-07.” From the above, it is clear that search was not conducted in the case

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

ITA 329/VIZ/2017[2003-2004 F.Y 2002-2003]Status: DisposedITAT Visakhapatnam27 Mar 2019

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri Y.A. Rao – CAFor Respondent: Shri D.K. Sonawal – CIT DR
Section 143(3)Section 153CSection 68

seizure proceedings some incriminating documents and cash relating to the assessee were found and seized. Hence, notice under section 153C was issued to the assessee on 14/08/2007 for asking him to file returns of income for the six assessment years i.e. 2001-02 to 2006-07.” From the above, it is clear that search was not conducted in the case

MAA MAHAMAYA INDUSTRIES LIMITED,CHHATTISGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 141/VIZ/2025[2009-10]Status: DisposedITAT Visakhapatnam13 May 2025AY 2009-10

Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Shri MV Prasad, CAFor Respondent: Dr Satyasai Rath, CIT(DR)
Section 127Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 245C(1)Section 245D

search and seizure operations. We also find that the purchase of capital goods and the depreciation claimed by the assessee

MAA MAHAMAYA INDUSTRIES LIMITED,CHHATTISGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 140/VIZ/2025[2008-09]Status: DisposedITAT Visakhapatnam13 May 2025AY 2008-09

Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Shri MV Prasad, CAFor Respondent: Dr Satyasai Rath, CIT(DR)
Section 127Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 245C(1)Section 245D

search and seizure operations. We also find that the purchase of capital goods and the depreciation claimed by the assessee

MAA MAHAMAYA INDUSTRIES LIMITED,CHHATTISGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 143/VIZ/2025[2011-12]Status: DisposedITAT Visakhapatnam13 May 2025AY 2011-12

Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Shri MV Prasad, CAFor Respondent: Dr Satyasai Rath, CIT(DR)
Section 127Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 245C(1)Section 245D

search and seizure operations. We also find that the purchase of capital goods and the depreciation claimed by the assessee

MAA MAHAMAYA INDUSTRIES LIMITED,CHHATTISGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 142/VIZ/2025[2010-11]Status: DisposedITAT Visakhapatnam13 May 2025AY 2010-11

Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Shri MV Prasad, CAFor Respondent: Dr Satyasai Rath, CIT(DR)
Section 127Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 245C(1)Section 245D

search and seizure operations. We also find that the purchase of capital goods and the depreciation claimed by the assessee

MAA MAHAMAYA INDUSTRIES LIMITED,CHHATTISGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 144/VIZ/2025[2012-13]Status: DisposedITAT Visakhapatnam13 May 2025AY 2012-13

Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Shri MV Prasad, CAFor Respondent: Dr Satyasai Rath, CIT(DR)
Section 127Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 245C(1)Section 245D

search and seizure operations. We also find that the purchase of capital goods and the depreciation claimed by the assessee

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. RAVINDRA BHARATHI EDUCATIONAL SOCIETY, NELLORE

In the result, appeal of the Revenue is dismissed

ITA 160/VIZ/2022[2018-19]Status: DisposedITAT Visakhapatnam23 May 2023AY 2018-19

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.160/Viz/2022 ("नधा"रणवष"/ Assessment Year : 2018-19) The Deputy Commissioner Of Vs. M/S. Ravindra Bharathi Income Tax, Educational Society, Central Circle-1, D.No.23/812, Ravindra 3Rd Floor, Raj Kamal Complex, Bharathi Bhavan, Lakshmipuram, Guntur. Fathekhanpet, Nellore, Andhra Pradesh-524003. Pan: Aaaar 2715 E (अपीलाथ"/ Appellant) (""यथ"/ Respondent) C.O. No. 21/Viz/2022 (आयकरअपीलसं./ I.T.A. No.160/Viz/2022) ("नधा"रणवष"/ Assessment Year :2018-19 ) M/S. Ravindra Bharathi Vs. The Deputy Commissioner Of Educational Society, Income Tax, D.No.23/812, Ravindra Bharathi Central Circle-1, Bhavan, Fathekhanpet, Nellore, 3Rd Floor, Raj Kamal Complex, Andhra Pradesh-524003. Lakshmipuram, Guntur. Pan: Aaaar 2715 E ( Cross Objector) (""थ"/ Respondent) अपीलाथ"क"ओरसे/ Assessee By : Sri M.V. Prasad, Ar ""याथ"क"ओरसे/ Revenue By : Sri On Hari Prasada Rao, Sr. Ar सुनवाईक"तार"ख/ Date Of Hearing : 06/04/2023 घोषणाक"तार"ख/Date Of : 23/05/2023 Pronouncement

For Appellant: Sri M.V. Prasad, ARFor Respondent: Sri ON Hari Prasada Rao
Section 12ASection 133ASection 142(1)Section 143(2)Section 144Section 147Section 148

depreciation expenditure being the cost for the lower declaration of profits for the impugned assessment year. Further, the Ld. AR also submitted that Annexure – A/RBES/OFF/HYD/02 wherein there are cash payments of interest of Rs. 26 lakhs, which are already included in the sundry expenses in the P & L Account and hence there is no escapement of income as relied

DCIT, CENTRAL CIRCLE,, VIJAYAWADA vs. ATREYAPURAM SWARNA LAKSHMI,, VISAKHAPATNAM

In the result, both the appeals filed by the Revenue are dismissed

ITA 557/VIZ/2017[2006-07]Status: DisposedITAT Visakhapatnam22 Mar 2018AY 2006-07

Bench: Shri B.R. Baskaran & Shri Duvvuru R.L. Reddyआयकर अऩीऱ सं./I.T.A.Nos.557&558/Vizag/2017 (ननधधारण वषा / Assessment Years: 2006-07 & 2007-08) Dcit, Central Circle Smt. Atreyapurapu Vijayawada Swarnalakshmi Visakhapatnam [Pan No.Adbpa3951Tg] (अपीऱार्थी / Appellant) (प्रत्यार्थी / Respondent) अऩीऱधथी की ओर से / Appellant By : Shri R.S. Aravindakshan, Dr प्रत्यधथी की ओर से / Respondent By : Shri I. Kamasastry, Ar सुनवधई की तधरीख / Date Of Hearing : 19.03.2018 घोषणध की तधरीख / Date Of Pronouncement : 22.03.2018 आदेश / O R D E R Per Shri Duvvur R.L. Reddy:

For Appellant: Shri R.S. AravindakshanFor Respondent: Shri I. Kamasastry, AR
Section 143(3)Section 153ASection 263

seizure operation conducted in the group of Maha Maruthi Logistics Pvt. Ltd., Visakhapatnam on 04.02.2010. As the case was covered by search operation, it was taken up for scrutiny and the assessment proceedings were completed u/s 143(3) r.w.s. 153A of the Act on 29.12.2011, determining the total income of Rs. 16,46,490/-. While doing so, additions were made

DCIT, CENTRAL CIRCLE,, VIJAYAWADA vs. ATREYAPURAM SWARNA LAKSHMI,, VISAKHAPATNAM

In the result, both the appeals filed by the Revenue are dismissed

ITA 558/VIZ/2017[2007-08]Status: DisposedITAT Visakhapatnam22 Mar 2018AY 2007-08

Bench: Shri B.R. Baskaran & Shri Duvvuru R.L. Reddyआयकर अऩीऱ सं./I.T.A.Nos.557&558/Vizag/2017 (ननधधारण वषा / Assessment Years: 2006-07 & 2007-08) Dcit, Central Circle Smt. Atreyapurapu Vijayawada Swarnalakshmi Visakhapatnam [Pan No.Adbpa3951Tg] (अपीऱार्थी / Appellant) (प्रत्यार्थी / Respondent) अऩीऱधथी की ओर से / Appellant By : Shri R.S. Aravindakshan, Dr प्रत्यधथी की ओर से / Respondent By : Shri I. Kamasastry, Ar सुनवधई की तधरीख / Date Of Hearing : 19.03.2018 घोषणध की तधरीख / Date Of Pronouncement : 22.03.2018 आदेश / O R D E R Per Shri Duvvur R.L. Reddy:

For Appellant: Shri R.S. AravindakshanFor Respondent: Shri I. Kamasastry, AR
Section 143(3)Section 153ASection 263

seizure operation conducted in the group of Maha Maruthi Logistics Pvt. Ltd., Visakhapatnam on 04.02.2010. As the case was covered by search operation, it was taken up for scrutiny and the assessment proceedings were completed u/s 143(3) r.w.s. 153A of the Act on 29.12.2011, determining the total income of Rs. 16,46,490/-. While doing so, additions were made

USHA TUBES AND PIPES PRIVATE LIMITED, ,VISAKHAPATNAM vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 520/VIZ/2018[2009-10]Status: DisposedITAT Visakhapatnam05 Apr 2019AY 2009-10

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.520/Viz/2018 (ननधधारण वर्ा/ Assessment Year:2009-10) M/S Usha Tubes & Pipes(P)Ltd Vs. Asst.Commissioner Of D.No.11-8-34 Income Tax Dasapalla Hills Central Circle-2 Visakhapatnam Visakhapatnam [Pan :Aaacu7175R] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar प्रत्यधथी की ओर से/ Respondent By : Smt.Suman Malik, Dr सुनवधई की तधरीख / Date Of Hearing : 21.03.2019 घोर्णध की तधरीख/Date Of Pronouncement : 05.04.2019

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Smt.Suman Malik, DR
Section 131Section 147Section 148

seizure operations were conducted u/s 132 of the Act in the ATR group of concerns on 14.10.2015. During the post search enquiries, it was found that M/s Usha Tubes & Pipes Pvt. Ltd. has claimed the sub contract payment of Rs.28,62,000/- in the financial year 2008-09 to Sri B.Krishna Kishore. On 03.12.2015 a statement

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, VISAKHAPATNAM vs. SUNRAY GREEN SPACE PRIVATE LIMITED, VISAKHAPATNAM

In the result, appeals of the revenue as well as the cross objections filed by the assessee are dismissed

ITA 273/VIZ/2018[2013-14]Status: DisposedITAT Visakhapatnam11 Dec 2019AY 2013-14

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.273/Viz/2018 & 274/Viz/2018 (निर्धारण वर्ा/Assessment Year : 2013-2014 & 2014-15) Asst.Commissioner Of Vs. M/S Sunray Green Income Tax Space Pvt. Ltd. Central Circle-1 D.No.10-50-40 Visakhapatnam Excelsior Apartments Ramnagar Visakhapatnam [Pan :Aaqcs 8494M] (प्रत्यर्थी/ Respondent) (अपीलार्थी/ Appellant) Cross Objection No.48/Viz/2018 & 49/Viz/2018 (Arising Out Of I.T.A.No.273/Viz/2018 & 274/Viz/2018) (निर्धारण वर्ा/Assessment Year : 2013-2014 & 2014-15) M/S Sunray Green Vs. Asst.Commissioner Of Space Pvt. Ltd. Income Tax D.No.10-50-40 Central Circle-1 Excelsior Apartments, Ramnagar Visakhapatnam Visakhapatnam [Pan :Aaqcs 8494M] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT, DR
Section 131Section 132Section 153ASection 271A

seizure action undertaken u/s 132 of the Act. The AO further held that the details of unaccounted sale consideration received outside the books of accounts would have never come to the notice of the Department had the Department not conducted the search action, hence viewed that the case clearly falls under undisclosed income as defined u/s 271AAB

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, VISAKHAPATNAM vs. SUNRAY GREEN SPACE PRIVATE LIMITED, VISAKHAPATNAM

In the result, appeals of the revenue as well as the cross objections filed by the assessee are dismissed

ITA 274/VIZ/2018[2014-15]Status: DisposedITAT Visakhapatnam11 Dec 2019AY 2014-15

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.273/Viz/2018 & 274/Viz/2018 (निर्धारण वर्ा/Assessment Year : 2013-2014 & 2014-15) Asst.Commissioner Of Vs. M/S Sunray Green Income Tax Space Pvt. Ltd. Central Circle-1 D.No.10-50-40 Visakhapatnam Excelsior Apartments Ramnagar Visakhapatnam [Pan :Aaqcs 8494M] (प्रत्यर्थी/ Respondent) (अपीलार्थी/ Appellant) Cross Objection No.48/Viz/2018 & 49/Viz/2018 (Arising Out Of I.T.A.No.273/Viz/2018 & 274/Viz/2018) (निर्धारण वर्ा/Assessment Year : 2013-2014 & 2014-15) M/S Sunray Green Vs. Asst.Commissioner Of Space Pvt. Ltd. Income Tax D.No.10-50-40 Central Circle-1 Excelsior Apartments, Ramnagar Visakhapatnam Visakhapatnam [Pan :Aaqcs 8494M] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT, DR
Section 131Section 132Section 153ASection 271A

seizure action undertaken u/s 132 of the Act. The AO further held that the details of unaccounted sale consideration received outside the books of accounts would have never come to the notice of the Department had the Department not conducted the search action, hence viewed that the case clearly falls under undisclosed income as defined u/s 271AAB